China declares all crypto transactions illegal, causing Bitcoin’s value to fall


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China declares all crypto transactions illegal, causing Bitcoin’s value to fall World By Steven On Sep 24, 2021 Share China declares all crypto transactions illegal, causing Bitcoin’s value to fall The notice prohibits all related financial activities involving cryptocurrencies Bitcoin dropped as much as 8.9 percent to $41,019 in European afternoon trading China said crypto had given rise to money laundering, fraud and pyramid schemes by afp Published: 11:59 AM EDT, September 24, 2021 | Updated: 11:59 AM EDT, September 24, 2021