The People's Bank of China announced Friday virtual currency-related business activities are illegal, warning they seriously endanger the safety of its citizens' assets. Bitcoin slipped below $42,000 after the news and is down about 3% over the past 24 hours. "The Hash" panel discusses whether crypto could really be banned, explaining why "this isn't the end of bitcoin in China at all."
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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