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China's 2nd Biggest Bitcoin Exchange Responds To Report Beijing Is Shutting All Virtual Exchanges

One day after Bitcoin crashed on a massive surge in volume, following a report in China's Caixin website that Chinese authorities plan to shut local Bitcoin exchanges.... ... there is still far more confusion than clarity about what is really going on in China: so far there has been no official statement from either the PBOC or China's financial regulator, confirming or denying the report, which spooked millions of Chinese bitcoin (and ethereum and litecoin) holders into dumping their digital currencies.
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