Ten agencies, including the central bank, financial, securities, and foreign exchange regulators, vowed to work together to root out “illegal” cryptocurrency activity. China in May banned financial institutions and payment companies from providing services related to cryptocurrency transactions and issued similar bans in 2013and 2017.
Vast amounts of Chinese wealth, including those generated by the business community engaged in international dealings, is concentrated in digital coins like Bitcoin and Tether. The Bitcoin market fell 9% from $45,000 per unit to $40,900 within three hours of the announcement, according to data from CoinMarketCap.
Denne historien er fra September 25, 2021-utgaven av The Times of India Mumbai.
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Denne historien er fra September 25, 2021-utgaven av The Times of India Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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