The People's Bank of China, China's central bank, stated that the country will maintain prohibitive policies regarding virtual currency trading and will continue to crack down on related illegal ...

BEIJING, Nov. 29 (Xinhua) -- The People's Bank of China, China's central bank, stated that the country will maintain prohibitive policies regarding virtual currency trading and will continue to crack ...

China has vowed to intensify its crackdown on virtual currency speculation, with the central bank making its clearest statement to date that stablecoins fall within the scope of illegal financial ...