China intensifies crackdown on crypto trading; Bitcoin, ether, dogecoin fall1 min read . Updated: 24 Sep 2021, 04:30 PM IST
- China’s central bank said all cryptocurrency-related transactions are illegal, according to a Q&A statement on People's Bank of China's (PBOC) website
Bitcoin price slipped in trade from highs seen in early Friday after China's central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors. The world's largest cryptocurrency by market capitalization slipped around 5% at $42,810.
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