PBOC Orders Major Banks, Alipay to Cease Servicing Crypto Companies – BeInCrypto

The People’s Bank of China (PBOC) has pressed major banks and payment platform Alipay to cease providing services linked to cryptocurrencies.
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The PBOC issued the orders at a meeting where it had summoned the major lenders and payment platforms in the country.

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China’s Central Bank Calls for Crypto Trading Ban | Crypto Briefing

Key Takeaways

China’s central bank has issued guidelines for a harder crackdown on crypto.
Bitcoin and crypto prices crashed this morning after the news broke-out, with experts warning this crackdown is more serious than previous ones.

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Banks fall in line as China’s central bank cracks down on crypto accounts

The Agriculture Bank of China (AgBank) — the world’s third-largest bank by assets — is set to implement Beijing’s firm anti-cryptocurrency measures and rigorously vet its clients to ensure they are not engaged in any form of illegal activities involving crypto transacting, trading or min

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China’s 3rd largest bank ‘rugs’ BTC: 5 things to watch in Bitcoin this week

Bitcoin (BTC) is lower going into a new week’s trading — Monday has seen a test of levels below $33,000 and bulls are struggling.
What could be next? With bullish short-term voices few and far between, it seems that cryptocurrency just isn’t of interest to investors right now.

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