China's central bank has kept interest rates unchanged as a way to support the steady, healthy development of its real estate sector, a key component of the national economy.
The steady loan prime rate (LPR) fixings came after the People's Bank of China last week left
China's Central Bank on Friday said all
virtual-currency-related activities are illegal, according to guidelines issued
to further crackdown on the risk of virtual-currency trading and speculation.
It is a huge blow to cryptocurrencies as
the regulator renewed its tough talk on bitcoin.
The regulator is now calling all digital