Markets
Cryptocurrencies

China Widens Ban on Crypto Transactions; Bitcoin Tumbles

  • China’s central bank says crypto transactions are illegal
  • Officials vow to root out illegal mining of digital assets
WATCH: Digital tokens tumbled as China intensified its push to rein in crypto speculation and mining. Source: Bloomberg
Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal
Bloomberg Terminal LEARN MORE
By Bloomberg News
Updated on
Lock
This article is for subscribers only.

Follow @crypto Twitter for the latest news.

China banned on all crypto transactions and vowed to root out mining of digital assets, delivering the toughest blow yet to the industry.

Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal
Bloomberg Terminal LEARN MORE
HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents
News
MarketsEconomicsTechnologyPoliticsGreenCryptoAI
Work & Life
WealthPursuitsBusinessweekCityLabEqualityPursuitsWork Shift
Market Data
StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar
Explore
NewslettersExplainersThe Big TakeGraphicsSubmit a TipAbout Us
Terms of ServiceTrademarksPrivacy Policy
CareersMade in NYCAdvertise
Ad Choices
Help©2024 Bloomberg L.P. All Rights Reserved.