Strengthening of Virtual Currency Regulations Top Chinese Monetary Policy for 2018

The report highlights the perceived risks associated with virtual currencies by the Chinese government - particularly in the case of large-scale retail investment, in the case of potential criminal misbehavior, the possibility of price instability in order to reveal systemic risk to Yuan. And lack of regulatory framework to save investors from investors. SOURCE https://news.bitcoin.com/china-strengthen-cryptocurrency-regulations-2018/