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The price of ‘s native token Ether (ETH) crept lower Friday after China extended its crackdown on cryptocurrencies by deeming their transactions to be “illegal.” “Financial institutions and non-bank payment institutions cannot offer services to activities and operations related to virtual currencies,” the People’s Bank of China said in a statement on its website Friday, adding that online crypto services to Chinese residents offered by offshore exchanges are also “illegal financial activities.” Continue Reading on Coin Telegraph Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on...
