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Shenzhen branch of People’s Bank of China shows zero-tolerance approach to cryptocurrency
Aggregated Source: ChinaLegalBlog.com

The Shenzhen branch of the People’s Bank of China (PBOC), China’s central bank, has “cleansed” 11 companies for their involvement in suspected illegal cryptocurrency activities as part of a special campaign to show a zero-tolerance attitude to cryptocurrency trading, according to a report by state-run Shanghai Securities News on Tuesday.…

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