China has intensified its crackdown on cryptocurrencies, as the country’s central bank, securities regulators and supreme court on Friday declared all crypto-related transactions illegal.
China’s most recent measures particularly target over-the-counter crypto services, crypto derivatives exchanges and offshore crypto exchanges that have businesses or operations in the country, according to Matta. Greg King, founder and CEO at crypto fund Osprey Funds, said that “there’s strong demand for cryptocurrencies on a global basis, and China’s only part of that.”
Crypto exchanges out of China “will potentially look to relocate to other crypto-friendly locations in Asia Pacific or other destinations like the Bahamas,” Fundstrats’s Aguilar wrote.
Michael Burry Warns Retail Traders About the 'Mother of All Crashes'
FED would welcome any $ invested in BTC, NFT or any Shitcoin, so it's not invested in Gold & Silver, helping Banks to manipulate Gold & Silver price, suppressing it on behalf of FED to raise confidence in fiat.
Respectful country can have one and only one internal cutrendy.
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Bitcoin slips after China central bank vows to crack down on crypto tradingBitcoin fell nearly 5% on Friday after China's central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors.
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China Evergrande Never Got Auditor Warning Despite Big Debt LoadLast year the property developer offered deep discounts to keep sales growing and the government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health.
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Biden to Host World Leaders at White House to Share China ConcernsThe display of unity of the Quad—U.S., Australia, India and Japan—has irked Beijing, which has dismissed the group as a “clique” harboring a Cold War mentality. I entrusted Dennismayson7 with my money since I took rush of investing my money with he platform, and since then I've recovered all I lost to scams. Get in touch with Dennismayson7 and get a good mentorship and safe trading. What a sly move by Biden. He will pretend to be friends with China's enemies and then tell China everything they are going to do. Wake up Australia and Japan!!! I didn't know that David letterman was the leader of India?
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