People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
![People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms](https://cryptoinvestment.at/wp-content/uploads/2021/08/peoples-bank-of-china-in-shenzhen-cleans-up-illegal-crypto-firms.jpg)
The Shenzhen branch of the People’s Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies.