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Chinese Central Bank Moves to Regulate Bitcoin Trading

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China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to verify the identity of clients and adhere to banking regulations. The move to regulate bitcoin exchanges brings assurance that Chinese authorities will tolerate some level of trading, after months of uncertainty.

The post Chinese Central Bank Moves to Regulate Bitcoin Trading appeared first on GigaLaw.

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Author: Doug Isenberg

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