what is china saying about btc

Last Updated on January 7, 2023 by Paganoto

What's behind China's cryptocurrency ban?

What's behind China's cryptocurrency ban?

The People's Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. However, China's cryptocurrency ban comes amid fears that cryptocurrencies were facilitating capital flight from its markets, bypassing conventional restrictions.Jan 31, 2022

Bitcoin heading to zero, says China state media amid global …

Bitcoin heading to zero, says China state media amid global …

As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of …

'Heading To Zero'—China Issues Shock Bitcoin Price … – Forbes

'Heading To Zero'—China Issues Shock Bitcoin Price … – Forbes

A Chinese Communist Party newspaper has warned investors should be prepared for the bitcoin price to hit zero

China declares all crypto-currency transactions illegal – BBC

China declares all crypto-currency transactions illegal – BBC

China’s central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin. ” …

China is cracking down on crypto again – CNBC

China is cracking down on crypto again – CNBC

According to a Q&A on its website, the PBOC said that all crypto-related activities are illegal in China, including services like offering …

China Widens Ban on Crypto Transactions; Bitcoin Tumbles

China Widens Ban on Crypto Transactions; Bitcoin Tumbles

China’s central bank says crypto transactions are illegal · Officials vow to root out illegal mining of digital assets.

China's top regulators ban crypto trading and mining … – Reuters

China's top regulators ban crypto trading and mining … – Reuters

The People’s Bank of China (PBOC) said cryptocurrencies must not circulate and that overseas exchanges are barred from providing services to …

China says all crypto transactions illegal; Bitcoin tumbles

China says all crypto transactions illegal; Bitcoin tumbles

BEIJING (AP) — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, …

China Declares Cryptocurrency Transactions Illegal; Bitcoin …

China Declares Cryptocurrency Transactions Illegal; Bitcoin …

China’s central bank said all cryptocurrency-related transactions are illegal, reinforcing the country’s tough stance against digital rivals …

China Cracks Down Harder on Cryptocurrency With New Ban

China Cracks Down Harder on Cryptocurrency With New Ban

The clampdown comes as China’s central bank has been testing its own digital currency. The price of Bitcoin dropped on the news.