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China banned cryptocurrencies, but it’s going all in on NFTs
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Bitcoin surged past $30,000. Is another crypto boom on the way?
Web13 hours ago · Crypto wrap: Market trading flat amid regulatory crackdown on Binance. FTX founder Bankman-Fried charged with paying $40 million bribe to China. Crypto exchange Binance, its CEO sued by CFTC over US regulatory violations. That alleged wrongdoing has drawn a deluge of regulatory scrutiny and high-profile prosecutions in the US. WebIn July 2024, the Central Bank of China released that their ban on the domestic cryptocurrency had been highly effective, with only 1% crypto-trade activity involving Yuan 3. Despite the banning of domestic cryptocurrency trading and initial coin offerings, China’s blockchain industry is still very much alive. WebSep 24, 2024 · The People’s Bank of China separately ordered internet, financial and payment companies from facilitating cryptocurrency trading on their platforms. The central bank said cryptocurrencies,... death in paradise dvd amazon