News Snapshot:
A BTC ICYMI – China bans financial institutions from offering cryptocurrency services May 19, 2021 May 19, 2021 Info comes via Reuters , the wire citing three industry bodies in a joint statement on Tuesday. China ban institutions, including banks and online payments channels: must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and settlement Also warned investors against speculative crypto trading “Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order” virtual currencies “are...
