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Why China banned Cryptocurrency Transactions and Exchanges?China-based crypto exchanges and miners using high-speed computers may rebase in other countries, especially Singapore, experts believe. But it's not supposed to be allowed to operate in China, which banned cryptocurrency trading in Binance founder Changpeng "CZ" Zhao has. Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan.
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