Status: 09/24/2021 3:26 p.m. China is cracking down on cryptocurrencies. The central bank has declared all transactions in connection with Bitcoin and Co. to be illegal. Their courses fell significantly. The Chinese leadership is increasing the pressure on cryptocurrencies. The state central bank made all activities related to trading cryptocurrencies illegal. Nationwide prospecting ban In a corresponding announcement, the state-controlled central bank explicitly mentioned the particularly popular virtual currencies Bitcoin, Tether and Ether. It is said that offenses are severely punished. At the same time, China’s state and party leadership announced a nationwide ban on so-called crypto mining. This announcement…