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Monday, June 21, 2021

China Blocking Banks

 Complete implications unclear.

China Says Banks Must Block Crypto Transactions; Market Falls

China's central bank says institutions must not provide trading, clearing, and settlement for crypto transactions ... 

By Omkar Godbole, Jun 21, 2021 at 6:30 a.m. EDT

China Says Banks Must Block Crypto Transactions; Market Falls

The People’s Bank of China (PBOC) on Monday told the country’s major financial institutions to stop facilitating virtual-currency transactions, increasing the negative sentiment in crypto markets.  ... '

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