CNHC stablecoin issuer detained by Chinese police
Channel: Crypto News Today | CNT
Date: 02/06/2023

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KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China. The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer.
#china #stablecoins #cryptonewstoday

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