Trivium Neopol - Econ and Finance | Logo 22 Jun 2021

PBoC orders financial institutions to cut off crypto transactions

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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 ban...


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