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AMB Crypto 2021-05-07 13:00:45

‘Individuals are prohibited from using this bank account to purchase and trade Bitcoin and Litecoin’

China’s state-owned CITIC Bank recently prohibited individuals and institutions from using their bank account to purchase and trade crypto assets including Bitcoin and Litecoin. Its official announcement stated three main reasons for doing so. The first was to protect the public’s property rights and interests, the second intended to maintain the legal currency status of RMB, […]

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