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Friday, October 22, 2021

China declares all cryptocurrency transactions illegal

BEIJING (AP) — China’s central bank on Friday declared all transactions involving and other virtual currencies illegal, stepping up a campaign to block the use of unofficial digital money.

Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year. That reflected official …

BEIJING (AP) — China’s central bank on Friday declared all transactions involving and other virtual currencies illegal, stepping up a campaign to block the use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year. That reflected official …

Source : The Washington Times stories: Technology Read More

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