Bitcoin (BTC) price tumbles as China plans to widen crackdown on cryptocurrency trading — Quartz

qz.com

China is set on stopping its citizens from trading bitcoin. Chinese authorities plan to widen their crackdown on domestic crypto-trades, by targeting methods including over-the-counter trading, offshore sites used for centralized trading, and peer-to-peer trading of large transactions, according to a report from the state-run Securities Times (link in Chinese) published yesterday (Jan. 16). The...

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