Cryptocurrency regulations in china

The People's Bank of China (PBOC) said cryptocurrencies must not circulate and that overseas exchanges are barred from providing services to. China's two systems for crypto: Trading is banned, but virtual assets can be protected · In a decision involving Litecoin, a Chinese court says. According to a Q&A on its website, the PBOC said that all crypto-related activities are illegal in China, including services like offering.
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