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2021-09-25 20:30:24

China’s clampdown on crypto might see Singapore turn beneficiary

The People’s Bank of China (PBoC) has banned all crypto-related activities, once and for all, in its latest order. This is, perhaps, the first time the nation has outrightly declared trading in digital currencies like Bitcoin ‘illegal’. Additionally, the enforcement this time around is backed by at least ten Chinese regulatory bodies and ministries, including […]