China announces Cryptocurrency trading as illegal: Tokens worth millions liquidated within 24 hours

Highlights

Recently, China announced all cryptocurrency transactions as illegal
Crypto coins worth $400 million liquidated within a day

People's Bank of China made crypto trading illegal on Friday, also made it a punishable offence in the country. Post this decision, Bitcoin lost more than $3,000 within an hour. According to reports, at one point, it went below ....

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Tags : Chinese, Regulations, Cryptocurrency, Trading, Illegal, Investors,

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China announces Cryptocurrency trading as illegal: Tokens worth millions liquidated within 24 hours

Published On 27 Sep 2021 05:26 AM

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