cryptocurrencies<\/a>, including bitcoin, ethereum and tether, are not fiat currencies and cannot be circulated on the market. China Central Bank also says that overseas Cryptocurrency exchanges must not provide services to mainland investors<\/p>\n\n\n\nOn the news Bitcoin is down 4.61% at 42573, Ethereum is down 7.92% at 2890, litecoin is giving up 8.08% at 150.67 while Ripple is 7.66% lower at 0.9240. <\/p>\n\n\n\n
The History of Chinese Cryptocurrencies bans<\/h2>\n\n\n\n
On December 6, 2013, China banned bitcoin and the price of BTC lost almost half of its value from $1200 to $800. <\/p>\n\n\n\n
On June 20, 2021, China banned almost 90% of the miners. <\/p>\n","protected":false},"excerpt":{"rendered":"
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