China's central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal (Ryan Browne/CNBC)

Ryan Browne / CNBC:
China's central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal  —  - The People's Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited.

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