Bitcoin China

Bitcoin XBT fell about 5 on the news. Chinas central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal stepping up a campaign.

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China will likely ban all bitcoin mining soon Bitcoin and other cryptocurrencies dropped on the news.

Bitcoin china

. Currently bitcoin was down 45 percent at the time of publication and ethereum was down 75. Ethereum another leading cryptocurrency was down 9. The agencies said that China would develop new systems to counter risks posed by cryptocurrencies.

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Ethereum another leading cryptocurrency was down 9. The agencies said that China would develop new systems to counter risks posed by cryptocurrencies.