China Stops Financial, Payment Institutions From Cryptocurrency Business


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China Stops Financial, Payment Institutions From Cryptocurrency Business China Stops Financial, Payment Institutions From Cryptocurrency Business Posted on by Admin Share this: A small toy figurine is seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/Illustration China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and...