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comment by mk
mk  ·  4010 days ago  ·  link  ·    ·  parent  ·  post: China Bans Financial Companies From Bitcoin Transactions

The reaction seems to be a mixed bag. I would have been very surprised to see The People's Bank of China to approve banks making BTC transactions, so my read is that this is a neutral wait and see approach. It can only be a positive for bitcoin that they weighed in on exchanges, and opted for regulation.