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A major advantage for China is that we can move faster and more efficiently than other countries, he added. Initial coin offerings were banned by the government this year after the People's Bank of China (PBOC ) publicly denounced fundraising in new blockchain-based currencies in September. (Source: CGTN ) Previous British Prime Minister Has Drawn up 'Secret' Brexit Plan to Resolve Impasse with Brussels: Report Suggests. Next UK to Introduce New Digital Service Tax for Tech Giants from 2020: Finance Minister Philip Hammond.
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