A crackdown on cryptocurrencies lead to a blanket ban on all crypto transactions and mining in China.
Welcome to Crypto Revolution! In today’s video we share clips sharing details of this explosive and seemingly absolute ban on crypto in China. Yes – Ten agencies, including the central bank, financial and securities and foreign exchange regulators work together to stop illegal cryptocurrency activity.
This is not the first of their attempts to root out crypto in the country. The Chinese government agencies have repeatedly raised concerns that cryptocurrency speculation could disrupt the country’s economic and financial order. The recent statement is the most detailed and expansive yet from the country’s main regulators, underscoring Beijing’s commitment to suffocating the Chinese crypto market.
Watch till the end to know more about China’s increasing crackdown on cryptocurrencies and see how this gravely affects Bitcoin’s and alt coin’s prices.
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For more news on crypto in China:
China Just Crashed Bitcoin and Ethereum! This is Bad News for Cryptocurrencies! Crypto News
For more news on crypto:
Cathie Wood’s Shocking Bitcoin & Ethereum Price Prediction -Cryptocurrentcy Bear Market? Crypto News
Raoul Pal Reveals Shocking Price Predictions on Ethereum and Bitcoin! Crypto/Cryptocurrency News!
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