Issue 325

International

News / International 3585 Views 0

China closed 11 crypto companies (see link below). What's the strategy behind that move? The local government wants to be the leader of the delivery process of digital services for capital projects, with the help of China Merchants Bank. The bank will also carry out online businesses that will allow local citizens to use foreign exchanges. Additionally, commercial banks will face mandatory implementation of different services developed by the Central Bank.

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