In brief – The People’s Bank of China said it will continue cracking down on “illicit activities” of crypto and “maintain a high pressure on virtual currency trading hype.” – China barred financial institutions from dealing with crypto in 2017 and kicked out Bitcoin miners earlier this year. – It’s currently working on its own digital currency alternative: the digital yuan. The People’s Bank of China said in a statement Saturday that the central bank will “maintain high pressure on virtual currency trading hype.” The statement comes a day after policymakers set the priorities of the bank for the second…