News Snapshot:
By Alun John and Andrew Galbraith Reuters HONG KONG (Reuters) -Bitcoin regained some ground on Tuesday, a day after touching a two-week low when China's central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese residents. The world's largest crypto currency was last up 3% at $32,600, having dropped more than 10% on Monday. Ether, the second-biggest crypto currency, was up 2.8% at $1,940 after hitting a five-week low the day before. Monday's sell-off was sparked by an announcement from the Peoples Bank of China saying it had summoned China's largest banks and payment firms urging them...
