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The ‘China crypto FUD’ is back again, but it’s misleading – CryptoSlate
Three industry bodies released a document today calling for a ban on financial institutions and online channels providing services in crypto.
Three industry bodies under the Central bank of China released a document today calling for a ban on financial institutions and online payments channels providing any services involving cryptocurrency, including but not limited to registration, trading, clearing, and settlement.
Additionally, the institutions would not be allowed to offer to save, trust or pledging services, nor issue any financial products related to cryptocurrency.
No crypto
In their joint statement, the National Internet Finance…
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