The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on September 24, 2021, 01:39:01 PM

Title: China: All cryptocurrency-related transactions are illegal and must be banned
Post by: rcjordan on September 24, 2021, 01:39:01 PM

https://techcrunch.com/2021/09/24/china-says-all-cryptocurrency-related-transactions-are-illegal/

Title: Re: China: All cryptocurrency-related transactions are illegal and must be banned
Post by: ergophobe on September 24, 2021, 04:33:10 PM

Bitcoin markets didn't like that news much

Price at 08:30am: 45,053
Price at 11:20am: 41,181

Good day to daytrade bitcoin I bet

Title: Re: China: All cryptocurrency-related transactions are illegal and must be banned
Post by: littleman on September 24, 2021, 07:27:38 PM

The command is very much inline with the flood of personal restrictions coming out of China these days.  I wonder what this will do to the massive bitcoin farms running there?