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China mulls limiting bitcoin transactions to curb outflows
Published Thu, Nov 3, 2016 · 09:50 PM
Beijing
CHINA'S regulators are studying measures to limit transactions that use bitcoins to take funds out of the country, according to people familiar with the matter.
Officials are considering policies including restricting domestic bitcoin exchanges from moving the cryptocurrency to platforms outside the nation and imposing quotas on the amount of bitcoins that can be sent abroad, the people said.
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