SHANGHAI, July 6 (Reuters) – A Beijing workplace of China’s central financial institution mentioned on Tuesday it had ordered the shutdown of a Beijing-based software program maker over its suspected involvement in cryptocurrency buying and selling.
Authorities ordered Beijing Qudao Cultural Improvement Co Ltd to droop operations, and its web site had been deactivated, the Beijing monetary supervision administration and a division of the Individuals’s Financial institution of China mentioned in a press release.
The assertion mentioned firms in Beijing mustn’t present venues, business shows or promoting for cryptocurrency-related companies.
Reporting by Andrew Galbraith and the Beijing Newsroom; Enhancing by Andrew Heavens
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