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0.00109200 bitcoin to dollarWhy Does China Keep Banning Bitcoin?
The PBOC says China's cryptocurrency ban is to curtail financial crime and prevent economic instability, but are concerns about capital. The answer may lie in China's digital yuan. The cryptocurrency has been in development for over eight years, since the People's Bank of China . Mainland China remains East Asia's largest cryptocurrency market in terms of transaction turnover and ranked fourth worldwide, according to.