China to Ban & Block Foreign Cryptocurrency Trading Platforms, ICOs

China is reportedly aiming to block all websites, both domestic and foreign, related to cryptocurrency trading and initial coin offerings (ICOs) in what could be the country’s final crackdown on the industry. According to a Sunday report by the Financial News, a newspaper run by China’s central bank, authorities are reportedly lining up a number of regulatory measures to further a crackdown on the cryptocurrency industry. The People’s Bank of China (PBoC) began ramping up its scrutiny against domestic exchanges in early 2017. As reported by state-funded website ThePaper.cn, an…

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