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Four Things to Know About China s Latest Crackdown on Cryptocurrencies

Four Things to Know About China s Latest Crackdown on Cryptocurrencies
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China s war on Bitcoin just getting started

MacroBusiness Access Subscriber Only Content See the latest Australian dollar analysis here: War on crypto just getting started The current measures didn’t just appear out of thin air. They are the result of policymakers’ ever-growing understanding of the emerging risks associated with cryptocurrencies, as well as the country’s needs to better manage financial risks and to transition to a low-carbon economy… There are 1151 words left in this subscriber-only article. This is an unmistakable signal that more rigid policies are yet to come… the Chinese government is serious this time. Domestic speculators are advised to give up their illusions or risk going broke.

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