China central bank calls for broader crypto pressure

The People's Bank of China has called on Chinese banks and payment institutions to stop providing a wide range of cryptocurrency services, including account opening, transactions and payments. The Central Bank has reportedly spoken to five banks, including Alipay, asking them not to delve into crypto-related issues as part of the country's broader crackdown on the industry. Other banks include Agricultural Bank of China, Construction Bank of China, Postal Savings Bank of China, and Industrial Bank. This is an important story, check back for updates.

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