News Snapshot:
1 Share Email Facebook Twitter LinkedIn Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know. Subscribe to the Crunchbase Daily China bans crypto transactions China’s central bank announced today that going forward all cryptocurrency-related transactions are illegal. The People’s Bank of China said the decision was aimed at preventing risks around crypto trading and maintaining national security and social stability. Cryptocurrencies fell immediately after the announcement but subsequently regained some ground, with Bitcoin around $41,376 in morning trading and Ether around $2,830....
