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Chaintimes 2021-06-21 12:06:46

People’s Bank of China orders domestic banks to cut off any funding channels for crypto OTC merchants.

In its latest effort to crack down on crypto trading activities, the central bank ordered attending banks to cut off any funding channels for crypto OTC merchants if found. The People’s Bank of China issued a statement on Monday, saying that it has recently summoned a meeting with several domestic banks and mobile payment service providers. China […]Read full post People’s Bank of China orders domestic banks to cut off any funding channels for crypto OTC merchants. on Chaintimes.com.

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