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[ad_1] CHINA’S STATEMENT The PBOC said it will “resolutely clamp down on virtual currency speculation, and related financial activities and misbehaviour in order to safeguard people’s properties and maintain economic, financial and social order”. It said that trading of virtual currencies had become “widespread, disrupting economic and financial order, giving rise to money laundering, illegal
[ad_1] CHINA’S STATEMENT The PBOC said today it will “resolutely clamp down on virtual currency speculation, and related financial activities and misbehaviour in order to safeguard people’s properties and maintain economic, financial and social order”. It said that trading of virtual currencies had become “widespread, disrupting economic and financial order, giving rise to money laundering,