China: Central Bank Issues Anti Cryptocurrency Warning

CryptoDaily

The People’s Bank of China (PBoC) have issued a public warning in order to mediate the risks of cryptocurrency trading and initial coin offerings. This comes after authorities in China have taken significant steps to reduce the cryptocurrency community to very little in China. Such moves include the blocking of cryptocurrency related news on social media, the blocking of numerous cryptocurrency exchanges, and even the refusal of services to customers of certain financial outlets that are seen to be using cryptocurrencies.

image via Shutterstock

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