Bitcoin plunges after China declares all crypto transactions illegal


Source: fuentitech.com fuentitech.com

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Hard fork [Go on stage on September 30th and October 1st](//thenextweb.com/conference/hardfork) ?? Explore the future of cryptography at TNW Conference 2021 with an amazing line of professionals. [Secure your ticket now](//thenextweb.com/conference/tickets) !! Cryptocurrencies plummeted on Friday after the central bank of China declared that all crypto-related transactions were illegal and had to be banned. “Cryptocurrency-related business activities are illegal financial activities,” said the People’s Bank of China. On that website (Via Google Translate). Banks added that digital currencies such as Bitcoin and Ethereum are “not legal and should not be used as currencies in the market and cannot be used”....