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How Binance Melted Down in Less Than a Year - WSJ What Went WrongThe blockchain-backed digital currency project, which the People's Republic of China has been working on for seven years, has finally been completed. China has taken the arguably most extreme actions with a ban of all trading exchanges for cryptocurrencies in September Before this ban, Chinese. China was among the earliest countries to enthusiastically embrace cryptocurrencies. In , its first cryptocurrency exchange, BTC China, began trading.
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