PBOC Bans Financial Firms From Bitcoin Transactions

PBOC Bans Financial Firms From Bitcoin Transactions Play

Dec. 5 (Bloomberg) -- China's central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country. Francine Lacqua and Hans Nichols report on Bloomberg Television's "On the Move." (Source: Bloomberg)

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