The PRC authorities continue to establish tight control over companies representing the cryptocurrency business.
Earlier, the People's Bank has repeatedly stated that this course will continue. The regulator opposes the use of bitcoin and other decentralized cryptocurrencies. Alternatively, he will offer Chinese citizens a digital version of the national currency.
Local media reported this week that the Shenzhen branch of the central bank has begun screening local crypto-related companies.
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At the moment, 11 enterprises are under the control of the regulator. Some of them, the Central Bank believes, were engaged in illegal financial transactions, including transactions with digital currencies.
It is not specified which companies are involved, but it is known that Halyk Bank conducts inspections not only to establish control over operations but also to force top managers to work in strict accordance with the legislation of the Celestial Empire on stock markets.