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China bans crypto trading and mining, bitcoin stumbles

China's most powerful regulators on Friday intensified the country's crackdown on cryptocurrency with a blanket ban on all crypto transactions and crypto mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

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China's most powerful regulators on Friday intensified the country's crackdown on cryptocurrency with a blanket ban on all crypto transactions and crypto mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

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