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Tag: china bitcoin regulation

April 28, 2018

China’s government keeps a negative stance on cryptocurrency

The Chinese government said it will maintain crackdown on illegal funding such as ICOs. According to Reuters news agency yesterday, the Chinese government insisted that it would continue to crack down on ICO activities while strengthening crackdown on unregistered lenders imposing high-interest rates. Recently, a large number of financial frauds have been detected in China, … Continue reading “China’s government keeps a negative stance on cryptocurrency”

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