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China has outlawed Bitcoin, but much more is brewing

September 29, 2021
Source: d1softballnews.com d1softballnews.com
News Snapshot:
Is Bitcoin really now a cryptocurrency “a bit of a boomer”, as Cointelegraph wrote? We will see. Meanwhile, bad news for lovers of the digital currency invented by the mysterious Satoshi Nakamoto comes from China: a few days ago, in fact, in the final blow of a forcing that has been going on for months, the Central Bank of the People’s Republic has substantially outlawed Bitcoin. All transactions made with cryptocurrencies will be considered “illegal”. China was not only one of the main markets but also one of the most important places where bitcoins are “mined” (about 60% of the...
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