China’s central bank bans cryptocurrency transactions to avoid ‘risks’

China’s central bank bans cryptocurrency transactions to avoid ‘risks’

Vincent Poynter

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China’s reserve bank prohibits cryptocurrency transactions to avoid ‘risks’

China’s central financial institution on Friday stated cryptocurrency deals in the nation are illegal, prohibiting all purchases. It said cryptocurrencies like bitcoin and also Ethereum are illegal tender as well as can not be circulated.Read More …

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