China Bans Cryptocurrencies, Declares Crypto Transactions Illegal China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies in China after a crackdown on the volatile trade. The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations, […]

China Bans Cryptocurrencies, Declares Crypto Transactions Illegal