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China Fully Bans Crypto; Takes Its Hate of BTC to the Furthest Reaches

September 28, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
Bitcoin has been handed a major blow today, and again, it’s all thanks to China. As if it’s not bad enough that the country has sought to destroy the mining presence within its borders, regulators have now deemed all crypto activity – this includes transactions – illegal, and now it’s not just miners that aren’t welcome in China. Rather, no digital currency has any space in the country. China Says “No” to BTC China has long had a very complicated relationship with bitcoin and its digital counterparts. There was a time when the country accounted for roughly 75 percent of...
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Tags: bank | Bank of China | Beijing | bitcoin | blockchain | BTC | BTC China | China | crypto | cryptocurrency | currency | digital | E-CNY | Espionage | finance | financial | fintech | government | illegal | Renminbi | revenue | spy | Washington | website | Yuan

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