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China's Central Bank announces Cryptocurrency transactions will be considered illegal, Bitcoin price massively fluctuates

Published On 25 Sep 2021 05:06 AM


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Highlights

  • China's central bank announced all financial transactions involving cryptocurrencies as illegal
  • Around 1,000 people had been arrested for using the profits from cryptocurrencies

China's central bank announced all financial transactions involving cryptocurrencies as illegal. The People's Bank of China gave an online statement saying that, virtual currenc....


Tags : China, Cryptocurrency, Ban, Bitcoin, Illegal, Crackdown,
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