Chinese Government attacks Cryptocurrency by. . ..

•    Previously  the Chinese Government has        taken steps to curb   cryptocurrency     trading in the country, but  recent moves     may eliminate trading in the  country       completely.

  • People’s Bank of China said on Sunday that it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites.
  • China already banned Bitcoin exchanges in late 2017 as a way to stem online trading, but the attempt failed to eliminate cryptocurrency trading completely.
  • The cryptocurrency market has lost $340 billion of value since the start of January, and many speculate it has much to do with a regulatory crackdown in Asia.

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