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FedWatch - Battle Over The Digital Dollar

Bitcoin Magazine Podcast

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China Brocrages Under Pressure to End Overseas Investment Services Regulators Seek to Close Loopholes

Chinese brocrages offering overseas investing services to mainland clients have come under pressure from a regulatory push that seeks to seal off one of the few remaining loopholes in the country's strict capital controls. A new regulation coming into force this week reiterates the need to prevent quote illegal cross border securities businesses building on a multi-year initiative to clamp down on such services. The move comes against a backdrop of heightened government pressure on the profitable tech sector last month's disappearance of bow fan a financier who advised on high profile tech deals was has unnerved business people and investors.

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