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China bans banks from Bitcoin transactions – Financial Times



The Hindu

China bans banks from Bitcoin transactions
Financial Times
China has taken a tough line against Bitcoin, ruling that it is a virtual product, not a currency, and barring financial institutions from doing any kind of business in it. Surging Chinese demand has been one of the main drivers of Bitcoin's 5,000 per ...
Bitcoin Price Crashes as China Outlaws Bitcoin for Financial InstitutionsCoinDesk

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