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China body calls digital tokens risky, two bitcoin platforms to shut
https://www.reuters.com/article/us-bitcoin-china/china-body-calls-digital-tokens-risky-two-bitcoin-platforms-to-shut-idUSKCN1BQ07P
A senior executive at China's state-backed internet finance body said on Friday "stateless" digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules are needed to support the development of "legal" digital currencies.