Central Bank of China Bans Crypto Trading For Institutions and Businesses


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Bitcoin Ethereum News advertisement Three associates of the People’s Bank of China (PBOC), the Chinese central bank has issued a document prohibiting institutions and businesses from engaging in any form of virtual currency transactions. The latest set of regulatory paperwork ban payment service providers and financial institutions from offering any form of service involving cryptocurrency transactions. The three associate bodies that issued the document include the National Internet Finance Association of China, the China Banking Association, and the Payment and Clearing Association of China. advertisement Breaking: Three associations under the Central Bank of China issued a document requiring institutions not...