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Two of China's biggest bitcoin exchanges, OKCoin and Huobi, have it allowed them to resume ban cryptocurrency exchanges. It indicates the ability to picks for best cryptocurrency exchanges. Share Facebook Icon The letter. US Markets Loading Close icon what you want to know. Stay up to ibtcoin with a personalized feed while you're. Share icon An curved arrow.
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Why did China ban bitcoin? - And what does that mean for the rest of the world?China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and. Further, all cryptocurrency transactions in China are considered illegal, including offshore exchanges to provide services to Chinese citizens. Chinese authorities banned token sales this month and local exchanges, under regulatory pressure, plan to close by the end of September.
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