China Prohibits Crypto-Related Promotion in Beijing’s Chaoyang District

Cointelegraph

Published Aug 23, 2018 08:35AM ET

China Prohibits Crypto-Related Promotion in Beijing’s Chaoyang District

China is prohibiting all commercial venues from hosting any cryptocurrency-related events in Beijing’s Chaoyang district, local news outlet The Paper reported August 22.

Many reportedly believe the ban, first covered by a local news app known as Jwview, could be extended to other districts as well, according to Cointelegraph correspondents in China. The correspondents further noted that Chinese media has conflictingly reported that the ban both does — and does not — apply to other areas in Beijing.

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