read.cash Log in
@Helpothers more from that month

China announces complete ban on cryptocurrency transactions, how much has the price of bitcoin dropped in a single day? China's central bank has declared all cryptocurrency transactions illegal. At the same time, digital tokens, including bitcoins, were banned in China. The value of the bitcoin has dropped by more than $ 2000 in a single day since the Chinese central bank's ban. In the last 24 hours, the price of bitcoin has decreased by 4.65% to 41 41,832. According to the BBC, China banned cryptocurrency in 2019, but the crackdown against it has intensified this year. Chinese officials say the corrupt currency has become a major source of money laundering China had also issued orders regarding cryptocurrency in May and June this year, but after the order issued today (Friday), it has become clear that China is banning all types of cryptocurrency transactions. #BitcoinCash

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.