BEIJING (AP) — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block the use of unofficial digital money.
Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year.
Source: washington times
Summary automatically generated by NewSUM A.I. from the following sources:
- China declares all cryptocurrency transactions illegal (abc news)
- China declares all cryptocurrency transactions illegal (washington times)