The People’s Bank of China has banned companies from creating and selling new digital currencies, and shut the country’s leading cryptocurrency exchanges. Photo: Bloomberg

Investors beware of digital currency risk

As a former gangland boss enters an already overcrowded market with an initial coin offering, perhaps it’s time to heed a regulator’s warning over murky financial structures

Topic |   Bitcoin

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The People’s Bank of China has banned companies from creating and selling new digital currencies, and shut the country’s leading cryptocurrency exchanges. Photo: Bloomberg
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