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As a result of the recent PBOC rebuking remarks about banks still funding BTC China, the Chinese Bitcoin exchange company has halted RMB Deposits. The PBOC clarified its position on Bitcoin a few days ago and explained its stance, “The current level of services that banks and...

At CoinReport, our goal is to make news easily accessible and easy to understand. This weekly digest, ending on April 27, 2014, started off on a positive note for Bitcoin, but ended up on a negative one. From the recent PBOC’s backlash, Bitcoin is under the bus, once again....