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Macau Bans Banks From Providing Financial Services to Cryptocurrency Companies

Macau’s financial regulatory, the Monetary Authority of Macau (AMCM), has issued a statement prohibiting the territory’s financial institutions from providing financial services to businesses issuing virtual currencies or tokens. The statements follow a crackdown on money laundering and capital outflows from mainland China by Chinese regulators. Also Read: Chinese Bitcoin Exchange Executives Allegedly Must Remain […]
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