China is one of the countries that has gone to great lengths to prohibit and criminalize the use of cryptocurrencies . In a recent article, the People’s Bank of China (PBC) revealed the effect of state measures on digital asset trading in the country. In a market as important and numerous as China’s, the impact of these measures is felt globally. According to the aforementioned report, the country’s share of worldwide Bitcoin transactions has fallen from 90% to 10%. What does the PBC report say? The Chinese government tops the list of states with negative stances towards Bitcoin and cryptocurrencies…