China Is Said to Escalate Crackdown on Cryptocurrency Trades
The bitcoin logo is displayed on a power supply unit at a cryptocurrency mining facility. (Photographer: SeongJoon Cho/Bloomberg)

China Is Said to Escalate Crackdown on Cryptocurrency Trades

(Bloomberg) -- China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.
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