Bank of China

Digital Yuan vs BTC: What’s the Reason for the Ban of Cryptocurrencies in China

Blockchain companies continue to leave China amid tightening regulations. What is this connected with and why in the future the country is likely to only increase pressure on the digital asset industry. Since mid-May, the bitcoin rate has fallen by 48%, to $ 34 thousand. Cryptocurrency...

Elena Yefimenko — 13.07.2021
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