China again demonstrated the potential of its impact on the global economy as its actions and signals sent ripples through world markets last week. China’s central bank reiterated last Friday that all cryptocurrency-related transactions are illegal and will be outlawed, delivering the clearest signal yet of the country’s determination to crack down on the industry to “preserve economic, financial and social order”. The move comes after Chinese authorities banned cryptocurrency mining earlier this year. Chinese authorities have said they will coordinate their efforts to ensure the end of cryptocurrency trading. The People’s Bank of China stated that cryptocurrencies may not […]
Details
Gecić Law was honored to represent the regional legal services industry at the Business Forum within the 7th Meeting of Heads of Government of the Central and Eastern European Countries (CEEC) and China which took place on 7 July 2018 in Sofia, Bulgaria. The Business Forum and the Meeting were held at the monumental National Palace of Culture with H.E. Mr. Lee Keqiang, the Premier of the State Council of the People’s Republic of China and H.E. Mr. Boyko Borissov, the Prime Minister of the Republic of Bulgaria, delivering the keynote address. The meeting focused on strengthening cooperation with China and […]
Details