Bitcoin price halves as China clampdown escalates

China’s central bank has ordered third-party payment agencies – which provide clearing services for bitcoin exchanges – to stop any „custody, trading and other services” related to the virtual currency, according to a report Tuesday by Yicai.com. The Chinese website – which is affiliated with the China Business Network TV station – added that platforms were told to end working relationships with virtual currency exchanges before Chinese New Year which commences at the end of January.

Bitcoin price halves as China clampdown escalates.

another opportunity, once the price stabilizes

 

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