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China deepens cryptocurrency enforcement a year after from www.paymentscardsandmobile.com
China lifts ban on cryptocurrency (read 20569 times) auroboros. China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and. The crypto issuance ban is one of many new amendments in the draft document which will likely replace the 2003 central banking law.
China deepens cryptocurrency enforcement a year after Cryptocurrency investors woke up to bad news on september 24th:
Chinese financial officials announced tuesday that the country would crack down on financial institutions conducting cryptocurrency business or. Crypto mining is a small yet easy target for china’s efforts to realize carbon. In justifying the ban, pboc described ico financing (that raises virtual currencies like bitcoin or ethereum via the irregular. With chinese ban final on crypto, firms scramble to sever ties. Illegal the people’s bank of china (pboc) banned financial institutions from handling bitcoin transactions in 2013 and went further by banning icos and domestic cryptocurrency exchanges in 2017.
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Source: gadgetguideweb.wordpress.com China tightens cryptocurrency ban with new directive, China's latest salvo against cryptocurrencies has driven a brutal selloff in bitcoin markets but retail traders, miners and even crypto finance firms reckon beijing's bark is louder than its bite. The crypto issuance ban is one of many new amendments in the draft document which will likely replace the 2003 central banking law. China’s growing pressure on crypto over the.
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