BEIJING/TOKYO -- China's central bank on Friday announced a ban on all cryptocurrency payments and services, escalating its ongoing clampdown on bitcoin and other digital coins as it moves to roll out its own virtual currency.
Cryptocurrencies
China declares all crypto transactions 'illegal' as digital yuan nears
Bitcoin falls by as much as 9% after Beijing's latest crackdown
China's central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors. © Reuters
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