China’s central bank vowed to maintain heavy regulatory pressure on cryptocurrency trading and speculation after escalating its clampdown in the sector earlier this year.
The People’s Bank of China will also supervise financial platform companies to rectify their practices according to regulations, it said in a statement on Saturday. Policy makers met on Friday to discuss work priorities for the second half of the year.
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July 31, 2021 at 01:40PM
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China's Central Bank Says It Will Keep Pressure on Crypto Market - Bloomberg
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