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Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto
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Provincial branches of China’s biggest commercial banks have begun “educating” the general public on the dangers of crypto and money-laundering – but it appears that the message that crypto and mining is “bad” isn’t getting through to some public officials.
Following the crypto crackdown on crypto transactions through banks and the mining industry this year, banks have begun displaying messages in branches and waiting rooms, warning their customers to stay away from crypto.
Per the media outlet FJSen, the Dongshan County (Fujian Province) Branch of the Postal Savings Bank of China has begun a month-long event that will see its staff go out into the county and inform community members that cryptoassets are a tool of crime, and that they could
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