Chinese authorities are looking for ways to restrict cryptocurrency-related activities A person close to the Chinese government told Caijing Magazine about the possibility of upcoming measures for strengthening the cryptocurrency industry restrictions previously presented to the public. While the new restriction tags any commercial activities tied to cryptocurrencies as illegal, there was no legally approved framework for restricting individuals or companies from doing so; hence, the current law cannot be applied. That is why the government is looking for judicial interpretation. Caijing’s sources close to the Central Bank, are currently struggling to find the right way to implement regulatory requirements....