China Calls All Crypto Transactions Illegal, Bitcoin Drops $4k In Response
Submitted by Anonymous (not verified) on Fri, 09/24/2021 - 15:04China’s central bank has announced that all crypto-related transactions and services are now illegal.
China’s central bank has announced that all crypto-related transactions and services are now illegal.
Bitcoin mining companies in the west yield strong returns as China’s crypto mining crackdowns continue.
According to reports, Sichuan’s Ya’an municipal government has asked Bitcoin miners to shutdown operations in the city.
China’s crackdown on Bitcoin mining has led to an increase in clean bitcoin mining operations.
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