ARTICLE
27 October 2021

Fall Blockchain Update Episode 5: China's Crypto Crackdown (Video)

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Pryor Cashman LLP

Contributor

A premier, midsized law firm headquartered in New York City, Pryor Cashman boasts nearly 180 attorneys and offices in both Los Angeles and Miami. From every office, we are known for getting the job done right, and doing it with integrity, efficiency and élan.
Last month China's central bank declared that all cryptocurrency-related transactions are illegal.
United States Technology

Last month China's central bank declared that all cryptocurrency-related transactions are illegal. Many blockchain companies, as well as financial institutions with indirect exposure to cryptocurrencies are trying to figure out what this means for them. In this video, Jeffrey Alberts, co-chair of Pryor Cashman's FinTech Group, discusses China's new ban and what this means for companies outside China.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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