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China says all cryptocurrency-related transactions are illegal and must be banned

China says all cryptocurrency-related transactions are illegal and must be banned

TechCrunch Industry News · TechCrunch

September 24, 20213m 24s

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Show Notes

China’s central bank said on Friday that all cryptocurrency-related transactions are illegal in the country and they must be banned, citing concerns around national security and social stability. The world’s most populated nation also said that foreign exchanges are banned from providing services to users in the country. In a joint statement, ten Chinese government […]

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