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Former Bank of China adviser urges Beijing to reassess its ban on cryptocurrencies

When a former Chinese central bank official contacted the country to assess its strict cryptocurrency laws, the idea of ​​easing the ban on cryptocurrencies began to circulate in China.

Former People’s Bank of China (PBoC) Monetary Policy Committee member Huang Yiping thinks the government should reconsider whether the cryptocurrency trading ban is long-term, as an extended ban prevents the formal financial system from benefiting from many prospects

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