The Daily: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams

The Daily: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams: Following the closing of social media accounts of crypto news organizations and after forbidding hotels from hosting crypto-related events, China has turned its attention to banning payments to trading platforms based outside the country. We’ve covered the escalation of the crackdown in The Daily. Also, Russia’s Interior Ministry wants to introduce criminal liability for shadowy crypto activities and UK’s financial watchdog has updated its crypto scam warning.