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Why does China have such a tough policy towards Bitcoin and other cryptocurrencies?



China’s tough cryptocurrency policy has led to a drop in cryptocurrency prices. China is again increasing regulatory pressure on cryptocurrencies, but now it looks like about 90% of the country’s bitcoin mining capacity will be shut down, according to a Global Times report released by the Chinese state. That week, authorities in the southwestern province of Sichuan ordered crypto miners in the region to shut down. Yesterday Narodny […]
Post Why does China have such a tough policy towards Bitcoin and other cryptocurrencies? first appeared on the Forex Portal.

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