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People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms

The report did not disclose the companies’ names nor the details of how they were sanctioned. The action against crypto firms was carried out alongside a slew of wide-ranging measures against illicit cross-border trading of foreign currencies and stocks, with one target reportedly being “a well-known domestic financial website that is suspected of publicizing illegal foreign exchange deposit transactions.”

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Source: Cryptocurrency - investing.com

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