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A Bitcoin banner advertisement is seen in Hong Kong

Bitcoin plummets after China intensifies cryptocurrency crackdown

By Shawn Deng and Chris Liakos, CNN Business China is intensifying its crackdown on cryptocurrencies. Chinese government agencies including the country’s securities regulator and the People’s Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and vowed to clamp down on illicit activities involving digital currencies. The

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A Bitcoin banner advertisement is seen in Hong Kong

Bitcoin plummets after China intensifies cryptocurrency crackdown

By Shawn Deng and Chris Liakos, CNN Business China is intensifying its crackdown on cryptocurrencies. Chinese government agencies including the country’s securities regulator and the People’s Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and vowed to clamp down on illicit activities involving digital currencies. The

Continue Reading