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UNI Token Rises 20% as China’s Blanket Ban on Crypto Companies Places Give attention to Decentralized Exchanges — CoinDesk

On Friday, the Folks’s Financial institution of China (PBOC) declared all digital currency-related actions unlawful, banning offshore exchanges from serving mainland Chinese language customers. The assertion additionally disqualified tether, the most important stablecoin globally, as authorized tender together with bitcoin and ether, marking hardest crackdown up to now.

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