Bitcoin holders in China and Hong Kong scramble to protect crypto assets


Source: texasnewstoday.com texasnewstoday.com

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Bitcoin ATM in Hong Kong. S3studio | Getty Images Some crypto holders in China and Hong Kong are looking for ways to protect Bitcoin and other cryptocurrencies after the central bank of China released a new document on Friday. Related transactions. Bitcoin fell 6% and ether fell 10% as investors digested the news as sales spread early on Friday. “Since the announcement within two hours, I have already received emails and phone calls from Chinese crypto holders looking for solutions on how to access and protect their crypto holdings on foreign exchanges and cold wallets. We received more than 12...