China central bank urges Alipay, banks to crack down on crypto


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GLEE CONSULTING GROUP > Business Finance > China central bank urges Alipay, banks to crack down on crypto China central bank urges Alipay, banks to crack down on crypto DrGlee Business Finance Budrul Chukrut | LightRocket | Getty Images China’s central bank on Monday said it had urged several payment firms and banks to clamp down on cryptocurrency speculation, adding to calls from Beijing for restrictions on bitcoin and other digital currencies. The People’s Bank of China said it summoned major lenders including the Industrial and Commercial Bank of China and the Agricultural Bank of China , and Alipay, the...