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China Says Domestic Bitcoin Trading Plummets After Crackdown

Source: yahoo.com yahoo.com
News Snapshot:

(Bloomberg) — China’s central bank said Thursday that Bitcoin transactions originating from the country have plummeted to 10% from 90% of the total worldwide. Most Read from Bloomberg Russia’s Rating Cut to Junk; Talks on Tap: Ukraine Update China Holds Talks With Ukraine, Further Edging Away From Russia Billionaire Usmanov’s Superyacht Said to Be Seized Russian Oligarchs’ Yachts Head for Maldives as Sanctions Levied Resignation Sets In as Russians Face Their New Economic Reality The decline is in part due to Beijing’s intensifying crackdown on cryptocurrency trading and mining over the last decade. The country banned trading in Bitcoin as…

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