Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official

Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official

The vice governor of the People's Bank of China has said that regulators took the right decision in banning ICOs and closing cryptocurrency exchanges.

_{Read more: www.coindesk.com}

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China's central bank believes bitcoin will die

China was right to ban initial coin offerings and stop cryptocurrency exchanges from serving local customers, says a bank deputy governor.

_{Read more: qz.com}

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