China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling

From ZH China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are “illegal” and must be banned. In a statement the People’s Bank of China said the latest notice was to further prevent the risks surrounding crypto trading and to maintain national security and social […]
The post China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling appeared first on Global Intel Hub.

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