China Says it Has Closed all Crypto Exchanges – But Traders, Miners May Still Be Active
The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still f...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still fighting an ongoing struggle against crypto mining, with many advocates thought to have taken their operations underground....
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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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