China is reducing bitcoin by banning it from providing cryptocurrency-related services to its financial institutions


Source: lchilltopnews.org lchilltopnews.org

Key Topics in this News Article:

News Snapshot:

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions and has warned investors against monopolizing transactions with digital currencies. For its part, the value of Bitcoin fell 6% to about 900 42,900, two and a half hours after the move was announced, according to CoinGecko data. However, later digital currency accumulated. Under the ban, companies from Asian companies such as banks and online payment channels will not be able to provide their customers with any services related to cryptocurrencies such as registration, negotiation, settlement and settlement, the three systems of the sector were collectively...