China bans transactions with cryptocurrencies and currencies like Bitcoin and Ethereum suffer LevelUp


Source: ruetir.com ruetir.com

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Editorial: Gaming / Facebook / [Twitter] / YouTube / Instagram / News / Discord / Forums Cryptocurrencies are a controversial topic. While some consider them the future of the economy because they represent freedom, others see them as volatile currencies without regulation. The government of China is part of the second group and that is why it decided to ban all cryptocurrency transactions in its country. As reported by BBC, the Central Bank of China reported that all cryptocurrency transactions will be illegal. This is because they see them as a financial activity that endangers people’s assets, in addition to...