25/11/19 04:21 UTC-5

Chinese authorities have demanded to close the BISS exchange

ExchangesBISS exchange employees were arrested in Beijing
BISS exchange employees were arrested in Beijing

Beijing police have arrested 10 employees working on the BISS cryptocurrency exchange. The information on Twitter was posted by Dovey Van, Managing Partner of Primitive Ventures.


BISS cryptocurrency exchange has stopped working

Davey Wan noted that the incident occurred three weeks ago, however, information about the events that appeared on the network only now. According to Wan, the detainees will be accused of fraud.

The exchange has ceased to function. Representatives of the cryptocurrency platform emphasized that the work of the exchange was stopped due to the requirements of the Chinese regulators. BISS services violate capital controls in the country, according to the latest cryptocurrency news.  

Representatives of BISS noted that they plan to interact with law enforcement agencies in China.

Interesting in the section: Financial geography: the great crypto-plan of China

See also: "TradeSanta adds support for 6 cryptocurrency exchanges"

#China #cryptocurrencyexchanges #BISS #DoveyWan #regulators

Editor: Daria Mukhina