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Some Chinese Crypto Websites ‘Still Operational,’ Says State Media
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Some Chinese sites are “still selling” crypto, raising funds in tokens like bitcoin (BTC) and ethereum (ETH), and circulating crypto-related news stories from within the Mainland, a report has claimed, citing evidence from government-aligned agencies.
Per the state-owned news agency Xinhua, recent proclamations from the central People’s Bank of China (PBoC) and government organs have “clarified that virtual currency-related business activities classify as illegal financial activities,” and that
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