Cryptocurrency exchanges scramble to drop Chinese users after ban

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Beijing's new blanket ban is broadest yet by a major economy.

Beijing's new blanket ban on all cryptocurrency trading and mining - the broadest yet by a major economy - has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients.

Shares in a range of Chinese crypto-related firms plunged on the ban which closes off loopholes left in previous regulatory crackdowns on the sector.Read more from this author

 

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