Recent developments at the People’s Bank of China (PBOC) have dampened speculation surrounding a potential relaxation of the ban on digital asset trading in the country. Prominent figures in the industry, including Jeremy Allaire, CEO of Circle Internet Financial Ltd., had pointed to Beijing’s support of Hong Kong’s aspirations to become a cryptocurrency hub as The post China’s Crypto Clampdown Persists: PBOC Appointment Dashes Hopes appeared first on Coin Edition .