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On February 4, 2018, at 1010 p.m. China Standard Time, Financialnews, a rather small news agency under the administration of Chinas central bank, the Peoples Bank of China PBOC, released an article that explicitly stated that China will continue to watch virtual currency and activities related to it closely, and will take actions including shutting down commercial presences and exchanges within Chinas territory to uphold Chinas financial stability.This is the first time that China has sent a