China declares transactions involving cryptocurrencies illegal

The People's Bank of China headquarters in Beijing, China
The People's Bank of China said the currencies disrupted the financial system and were used in money-laundering and other crimes. Photograph: Sheldon Cooper/Sopa/Rex/Shutterstock
The People's Bank of China said the currencies disrupted the financial system and were used in money-laundering and other crimes. Photograph: Sheldon Cooper/Sopa/Rex/Shutterstock


source https://www.theguardian.com/world/2021/sep/24/china-declares-transactions-cryptocurrencies-illegal

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