Regulator offers rewards for reporting crypto-related activities: report

Regulator offers rewards for reporting crypto-related activities: report · TechNode

China’s financial regulator issued a letter on Monday encouraging regional authorities to clamp down on illegal blockchain-related activities, according to Chinese media reports, urging heightened scrutiny and offering rewards for valid information. Why it matters: The country’s financial regulators have tightened scrutiny on blockchain and cryptocurrency-related activities following President Xi Jinping’s recent remarks on the importance of blockchain development.