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China Central Bank shuts down 11 companies it suspects of crypto trading

August 18, 2021
Source: regardnews.com regardnews.com
News Snapshot:
The Shenzhen Central Branch of the People’s Bank of China announced that it has decided to close 11 companies that it thinks are involved in virtual currency trading. The central bank issued a statement to clear 11 companies related to Shenzhen province. According to local reports, the Shenzhen branch of the People’s Bank of China has announced that they will release a list of 46 more companies suspected of involvement in illegal virtual currency trading by the end of July. The Shenzhen branch is specifically set to identify and fix companies found to be involved in illegal virtual currency trading....
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Tags: bank | Bank of China | bitcoin | blockchain | carbon emission | China | Chinese | crackdown | criminal | crypto | currency | digital | finance | financial | fintech | foreign exchange | Guangdong | illegal | IT | online | Shenzhen | stock | virtual currency | website

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