China’s Central Bank Says All Cryptocurrency Transactions Are Illegal

China’s central bank declared all cryptocurrency transactions illegal on Friday, banning overseas crypto exchanges from providing services to investors in the country as it continues its crackdown on cryptocurrencies.

gettyIn an update on its website, the People’s Bank of China announced that it will ban financial institutions, payment companies, and internet platforms from facilitating cryptocurrency trading, ReutersThe regulator also noted that it will step up monitoring of risks from activities related to cryptocurrency.

Just joke 🤣.

Hahaha Funny

Haste haste lagaye raste

Fuck chinas central bank lol

They just collect on low price...hold...look data

Ignore fud raise funds

Whens the rebuy happening? They clearly telegraph so many of their moves and we just keep putting our heads in the sand

Chinas Central Bank, lol how in debt are they, how’s the Juan doing again?

Who cares about China? It has brought nothing in the world but problems from territory grabbing to COVID-19 to banning Bitcoin to the Evergrande problem. It has brought nothing but problem.

Always a gong show in the middle of my sleep. Good thing I woke up to use a bathroom and saw red, I am buying the dip.

How many times can you ban the same thing over and over again?

DUMAN190

Cryptocurrency transactions are illegal but cyberyen or how it's called is necessarily right?

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I’ll take “classic Chinese phrases for 1000”……. Hey SECGov clearly this is hurting investors , rather than telling me to save 5 dollars daily and suing your friends competition, why not lay some regs out so China FUD and manipulation doesn’t hurt the market anymore !!!

China economic nuke

Chinese are already out of the race so no one’s cares Abouts your opinion

I think next year they planning to ban it on a weekly basis.

Who cares

That means they are losing the tech race ..

LOAD ZE CHINA FUD 😂😂

Lol

cryptomanran heres the article! thanks for the op to add to my bags Forbes! FUDMONGER

bla bla bla

An interesting move

Crypto fans, time to buy the dip. Chinese central bank has spoken. Cryptocurrency is goin down in 60mins...processing

China doesn't like what it cannot control.

China bans cryptocurrencies every month 🤣🤣🤣🤣🤣🤣

Like everything else that China cannot direct or indirect control ! (People included) 😅😅😅

Or my thoughts...

haha. All the FUD news in the crypto market over the past 10 years has come from China. And Bitcoin is still growing. Very funny. 😂😂😂

😂😂😂😂🤣🤣🤣🤣

😂😂 L lag gaye 🤭😂😂 CryptocurrencyNews

even it's own stablecoin? 🤔- China =🤫

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