News Snapshot:
Wed, Jun 23, 2021 page10 China clampdown sends bitcoin near US$30,000 ‘RISKY’: The People’s Bank of China on Monday met with the nation’s biggest lenders, warning them that digital currencies could aid money laundering and other crimes Bloomberg China’s intensifying cryptocurrency crackdown has left bitcoin flirting with US$30,000, a price level seen as key to the short-term outlook for the largest virtual currency. Bitcoin yesterday fell as much as 4.3 percent to US$31,171, and for some a breach of US$30,000 would hurt sentiment and raise the risk of a steeper selloff. It was trading at US$32,850 as of 8am in...
