No, China Is Not Embracing Crypto
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最新报道：Chinese regulators have ordered mainland tech and financial firms to scale back cryptocurrency activities, despite earlier speculation about policy easing due to Hong Kong's crypto developments. Companies must reduce exposure to offshore crypto assets and curb speculation, with tech firms barred from handling Bitcoin or Ether and state-owned banks prohibited from pursuing stablecoin licenses in Hong Kong. This reinforces China's longstanding anti-crypto stance, which includes bans on ICOs, crypto exchanges, and mining since 2013.
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