China's central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal (Ryan Browne/CNBC)

Ryan Browne / CNBC:

China’s central financial institution says all cryptocurrency-related actions are prohibited and abroad crypto exchanges offering companies in mainland China are unlawful  —  – The Folks’s Financial institution of China mentioned companies providing buying and selling, order matching, token issuance and derivatives for digital currencies are strictly prohibited.

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