The People’s Bank of China [PBoC] has reaffirmed that it would continue its policy of banning crypto speculation in a statement released from its meeting that was convened on 4th March 2022. The annual meeting led by PBoC has outlined regulatory priorities for the country’s financial market in the coming year. The conference was attended by the heads of local banks, the National Internet Finance Association of China, foreign currency settlement, and clearing services providers, the top bank said in the statement. China had executed one of the most comprehensive crackdowns on crypto trading and mining last year, forcing major...