PBoC orders financial institutions to cut off crypto transactions
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
Over the past month, China has been putting the kibosh on crypto mining across the country.
China’s major crypto mining provinces – Inner Mongolia, Xinjiang, Qinghai, and Sichuan – have all banned the practice.
Now regulators want to put a stop to crypto trading.
On Monday, the central bank (PBoC...