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| China-Japan-Koreas |
| China says all crypto transactions illegal; Bitcoin tumbles |
| 2021-09-25 |
| [APNEWS] China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Friday’s notice complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crimes. "Virtual currency derivative transactions are all illegal financial activities and are strictly prohibited," the People’s Bank of China said on its website. |
| Posted by:Fred |
| #4 If autarky is what Chairman Mao-Xi Dung wants, he can have it. But his PLA will need to invade (or totally dominate through bribery and blackmail) a brace of oil- and other strategic resource-rich countries first. Prolly in Africa. Indonesia too. And Iran??? Buckle your seatbelts. |
| Posted by: Hank Cinq 2021-09-25 12:06 |
| #3 They'll just start selling their US Bonds and metals strategic reserve stocks, Dale. |
| Posted by: Mullah Richard 2021-09-25 12:00 |
| #2 China is headed shortly to a major banking and economic disaster of their own making. Stay tuned more to come. |
| Posted by: Dale 2021-09-25 03:46 |
| #1 Little buddy gonna shut you down / ShittyCoin / IttybittyCoin / UselessCoin / [priced at $]409 Wa-waaaaaah Wa-wa-wa-wa-waaaah .... |
| Posted by: Rat Poison Squared 2021-09-25 01:13 |