News Snapshot:
China is the hardest country for cryptocurrency enthusiasts to live in, and the latest government regulation may lead to more corporations leaving the Asian country. Last week, the People’s Bank of China (PBoC) labeled all types of cryptocurrency transactions as illegal in China. La PBoC ban has had a massive effect on the cryptocurrency market in China following the ban on cryptocurrency mining activities earlier this year. As a result of the latest ban on cryptocurrencies and transactions in China, it is reported that many companies are forced to close their businesses. It wasn’t long before cryptocurrency corporations started exiting...
