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China calls for tougher crackdown on use of crypto for illegal forex trading

Prosecutors and forex regulators told to strengthen supervision, with cases involving Tether stablecoin highlighted.

Transcripts for BBCNEWS BBC News 20240604 09:13:00

with the restrictions. what is the market reaction with the restrictions. what is the market reaction to with the restrictions. what is the market reaction to these - with the restrictions. what is the i market reaction to these protests? well, you know, protests and uncertainty are not very good for business, investors are concerned about the instability in china as a result of the protests. but they are actually more concerned about the number of covid infections. more than 40,000, today alone. that is a record number. because china has not had a mass vaccination programme, they are not expecting it to get much better any time soon. 0f much better any time soon. of course, china manufactures a lot of the products we use everyday, iphones, tesla cars, and when shanghai went into lockdown earlier this year, that led to factory activity being hit. factories were closed, and therefore these brands that we know, that we use every day, their production was hit. the authorities say that

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