By Mark Hunter 14 hours agoSat Sep 25 2021 06: 36: 44 Reading Time: 2 minutes - China has scared some members of the cryptocurrency community by reinforcing its ban on crypto usage - China has effectively banned cryptocurrencies since 2013 - Bitcoin dropped $5,000 on the news but has already recovered half its losses The cryptocurrency markets were spooked yesterday when China declared all crypto transactions illegal…again. Bitcoin dropped from $45,000 to $40,000 following the publication of a note from the Chinese government reinforcing the illegality of cryptocurrency transactions, a stance it has effectively held since 2013. While mainstream...