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Bitcoin Ethereum News Three banking and payments associations have doubled down on the central bank’s ban on financial institutions and payment firms from engaging in business related to cryptocurrency transactions. It has also warned investors against crypto trading which it has described as speculative. “Recently, cryptocurrency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” three industry bodies said in a combined statement today. Those three bodies are the National Internet Finance Association of China, the China Banking Association, and the...
