China central bank holds meeting with bitcoin exchanges


HONG KONG: China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges, people familiar with the matter said, heightening concerns that regulators will tighten their oversight of trading in digital currencies.

Officials from the People’s Bank of China met yesterday with representatives from a number of the nation’s trading venues, the people said, asking not to be named because the meeting is private. Money laundering is among the topics on the agenda, said one person without elaborating.

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Business , Bitcoin , China , yuan

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