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| China-Japan-Koreas |
| China says all crypto transactions illegal; Bitcoin tumbles |
| 2021-09-25 |
| [APNEWS] China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Friday’s notice complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crimes. "Virtual currency derivative transactions are all illegal financial activities and are strictly prohibited," the People’s Bank of China said on its website. |
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