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    China's top regulators ban crypto trading and mining, bitcoin tumbles

    Future of Money · 2:21 PM UTC

    China's most powerful regulators on Friday intensified the country's crackdown on cryptocurrency with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

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    China

    China · 11:27 AM UTC

    Evergrande's billionaire boss exuded calm as crisis grew

    Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, a beaming Hui Ka Yan showed no signs that his company, China Evergrande , was facing mounting pressure with debt repayments.

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    Analysis: For Xi and China Evergrande, a delicate balancing act
    China
    Alarmed by Evergrande, China's lenders hold back on new credit for property developers
    China
    Explainer: How China Evergrande's debt troubles pose a systemic risk

    Disrupted

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    Asia Pacific

    Asia Pacific
    Australia hits vaccine milestone as Melbourne cases hover near record levels
    Asia Pacific
    Taiwan blasts 'arch criminal' China for Pacific trade pact threats
    Asia Pacific
    North Korea says open to talks if South drops double standards
    Asia Pacific
    Japan's ruling party race puts legacy of Abenomics in focus

    India

    India
    India antitrust body fines United Breweries, Carlsberg in price fixing case
    India
    Google, India antitrust watchdog tussle in court over probe leak
    India
    India cenbank to retain cash surplus, may announce GSAP auction -sources
    India
    Analysis: India state refiners to buy more light crude to boost gasoline output

    United States

    United States
    Biden says COVID booster shots will be free and accessible
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    Trump lost in Arizona, says draft of contentious election audit
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    Former Minneapolis officer in George Floyd case to appeal murder conviction
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    Republican U.S. Senator Grassley, 88, to seek re-election in Iowa

    Business

    Business
    Dollar climbs as Evergrande uncertainty swirls

    The dollar was on track for its biggest daily percentage gain against a basket of major currencies in a week on Friday, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce back from a sharp decline in the prior session.

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    Analysis: Evergrande woes to take toll on China property sale and drive M&A

    Health

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    U.S. CDC backs COVID-19 boosters for high-risk adults, workers, elderly
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    Technology

    Technology
    EXCLUSIVE Huawei CFO Meng to appear in court, expected to reach agreement with U.S. - source
    Technology
    New semiconductor plants will end global auto chip shortage next year -Tesla's Musk
    Technology
    Bitcoin slips after China central bank vows to crack down on crypto trading
    Technology
    China's top regulators ban crypto trading and mining, bitcoin tumbles

    Environment

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    Europe

    Europe
    Brussels to Poland: protect human lives, allow EU guards to Belarus border
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    French shipbuilding town in shock over lost Australian submarine order
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    EU's first-time asylum seekers more than double over spring - Eurostat

    Sustainable Business

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    Luxury group Kering to ditch fur completely

    Energy

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    China scrambles to fix power crunch, tame runaway raw material markets
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    Oil heads for third week of gains as supply tightens

    Americas

    Americas
    Mexico urges Haitians at US-Mexico border to give up and head south
    Americas
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    Americas
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    Brazil approaches 600,000 COVID deaths in second-deadliest outbreak

    Sports

    Sports
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