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Three government-backed industry associations ordered financial institutions not to facilitate virtual currency transactions or provide any related services.
But the impact is likely to be modest, as the latest crackdown does not go substantially beyond a previous ban in 2017 th...

 

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CHINA: Crypto crackdown – is this time different?

Three government-backed industry associations ordered financial institutions not to facilitate virtual currency transactions or provide any related services. But the impact is likely to