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Chinese blockchain firms conducting financial businesses may be violating PBOC guidelines

The People’s Bank of China (PBOC) has reminded financial technology (fintech) firms to comply with financial laws and regulations, in the central bank’s new set of guidelines released earlier this month.See related article: China has seen blockchain’s future and it doesn’t include cryptocurrencies Fast factsThe PBOC’s “Ethical Guidelines on Technology in

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Pakistani Bank Asks Customers to Avoid Conducting Crypto Transactions – Regulation Bitcoin News

A major bank in Pakistan has reportedly asked its customers to avoid conducting cryptocurrency transactions. Bank Alfalah’s action came shortly after the State Bank of Pakistan, the country’s central bank, submitted a report to the Sindh High Court recommending a complete ban on cryptocurrency. Bank Alfalah Asks Customers to Avoid Conducting

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