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CoinOtag 2025-12-01 16:12:17

China Renews Focus on Banning Crypto Trading Amid Surge in Speculative Activity

Chinese authorities have intensified their crackdown on cryptocurrency trading in 2025, reaffirming that all virtual currency activities remain illegal financial operations. The People's Bank of China (PBOC) warns of renewed risks from speculative trading, building on 2021 enforcement measures that curbed domestic exchanges and mining. PBOC's renewed warnings target virtual currencies, including stablecoins, declaring them [...]

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