The Shanghai division of the People’s Bank of China issued a statement regarding the use of virtual currencies in the region. Reiterating that China’s favorable openings are to blockchain and not Bitcoin, markets slid by up to 11 percent in response to the news. With President Xi Jinping’s initial statements in favor of blockchain triggering […]

The post Shanghai PBOC Crackdown on Cryptocurrencies Causes Market Crash appeared first on Crypto Briefing.

...
Continue reading Shanghai PBOC Crackdown on Cryptocurrencies Causes Market Crash

The post Shanghai PBOC Crackdown on Cryptocurrencies Causes Market Crash appeared first on Crypto Briefing.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bitcoin Charts.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bitcoin Charts.