Bitcoin falls further as china cracks down on crypto-currencies

bitcoin falls further as china cracks down on crypto-currencies

How to create an anonymous crypto wallet

Beijing could be looking to stem capital outflows via stablecoins using bitcoin.

crypto space san pedro

?? \
Bitcoin tumbled on Monday to a two-week low on China's expanding crackdown on bitcoin mining, as investors grew more uncertain about the. Beijing banned banks and payment firms from providing services related to crypto-currency transactions. The statement, released late Friday in China, said it is necessary to "crack down on Bitcoin mining and trading behavior, and resolutely prevent.
Share:
Comment on: Bitcoin falls further as china cracks down on crypto-currencies
Leave a comment

Invest in crypto currency server farms

China's crackdown appears to have led to a significant decline in bitcoin's hash rate � or processing power � which has fallen sharply in the last month, according to data from Blockchain. As part of its efforts to streamline the burgeoning digital currency space, China's central bank has been one of the first in the world to develop its own digital currency backed by the yuan. Key Points.