China’s central bank rules all crypto transactions are illegal
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DefenceTalk
China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies in China after a crackdown on the volatile trade. The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations, which have sought to prevent speculation and […]https://www.defencetalk.com/chinas-central-bank-rules-all-crypto-transactions-are-illegal-77323/
China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies in China after a crackdown on the volatile trade. The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations, which have sought to prevent speculation and […]https://www.defencetalk.com/chinas-central-bank-rules-all-crypto-transactions-are-illegal-77323/