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Bitcoin is crashing again after China vows to crackdown on mining and trading Nickie Louise Posted On May 21, 2021 Share On Facebook Another day, another volatility in the crypto market. On Friday, China doubled down on its efforts to prevent speculative and financial risks by cracking down on mining and trading of cryptocurrencies. In a statement, China’s Financial Stability and Development Committee, chaired by Vice Premier Liu He said the country will crackdown on bitcoin mining and trading activities, according to reports from Reuters and Bloomberg. Specifically singled out bitcoin as the asset it needs to regulate more, Vice...
