Bitcoin has been outlawed in China as the country bans all cryptocurrency transactions


Source: fuentitech.com fuentitech.com

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[Technology] Bitcoin has been outlawed in China as the country bans all cryptocurrency transactions China’s crackdown on cryptocurrencies has been tightened today, and the country’s central bank has announced that all crypto-related transactions are illegal. “There are legal risks to individuals and organizations participating in cryptocurrencies and trading activities,” the People’s Bank of China said in a statement issued jointly with nine other government agencies. Even Chinese working abroad are not exempt, and the government states that they too will be “investigated according to the law.” [report](//www.ft.com/content/31f7edf7-8e05-46e1-8b13-061532f8db5f) At the Financial Times. Bitcoin and other cryptocurrencies have appeared in the news....