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- PBoC reiterates that cryptocurrency-related activities are illegal
PBoC reiterates that cryptocurrency-related activities are illegal
- Financial institutions and non-bank payment institutions are not allowed to offer services related to virtual currencies
- Overseas crypto exchanges must not provide services to mainland investors
- Workers of foreign crypto exchanges will be investigated
- We will strengthen monitoring of risks from cryptocurrency trading
- We will strengthen management of information on internet about cryptocurrencies
- We will severely punish illegal financing activities related to cryptocurrencies
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