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PARAGRAPHChina was once the Bitcoin trading and mining capital of the world.
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China to INVADE Taiwan in 2024?! All You Need To Know!Despite this ban, it is generally not illegal to hold cryptocurrency in China. In October of , the People's Bank of China issued a. Initially, the country was one of the largest markets for cryptocurrencies, with the likes of Bitcoin and Ethereum gaining massive. China broadened its clampdown on the industry in , and declared all cryptocurrency-related transactions illegal.
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