PBOC issues notice to further prevent, dispose of risks from cryptocurrency speculation

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China strengthens regulation on cryptocurrencies againTo strengthen monitoring of risks from cryptocurrency tradingReaffirms that cryptocurrency-related activities are illegalSays overseas crypto exchanges must not provide services to mainland investorsTo severely punish illegal financing activities related to cryptocurrenciesBitcoin is taking a significant hit as it falls by over 2.5% to the lows for the day now amid the headlines from China over the past 15-20 minutes. Invest in yourself. See our forex education hub. Source link
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