China tightens grip on crypto with cold storage regulations

The Chinese media has recently highlighted a growing concern regarding the misuse of cryptocurrencies by corrupt officials. A particular point of worry is using cold storage methods, which allow these individuals to secretly move assets out of the country. Cold storage, a technique for keeping cryptocurrency keys and addresses offline, is now seen as a […] source: https://www.cryptopolitan.com/china-tighten-grip-on-crypto-cold-storage/