News Snapshot:
China seems determined in its goal to put a full stop to all crypto-related transactions as it announces a ban on all cryptocurrencies yet again. If the data available is accurate, this is the seventh time China has announced a ban on cryptocurrency since the year 2013. The Chinese government has made it routine to ban crypto every now and then that it has lost its touch of solemnity and people consider it a joke, more or less. From the hilarious responses on Twitter following the announcement, one cannot help but wonder if people were patiently waiting for this ban...
