Supreme Court Will Take Strict Measures Against Cryptocurrencies from March 1st

China’s Supreme Court has been trying to ban cryptocurrency transactions on Chinese territory for some time now. This Wednesday (24) the Chinese body took a tougher decision by sanctioning a law, which takes effect on March 1, and makes any type of cryptocurrency transaction illegal.

China Makes Cryptocurrency Transactions Illegal, With Severe Fines and Up to 10 Years in Prison comes via ChinaTechNews.com.