China Legal Blog
Aggregated China Law Information
NGS Crypto operated without a financial licence for five years
Aggregated Source: ChinaLegalBlog.com

Language guaranteeing returns can trigger laws around financial advice or misleading and deceptive conduct.

But in an alleged contravention of laws that seek to protect consumers from self-interested operators, the firm only had a licence to give advice for the six months between January and August, according to documents from a public register.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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