China announces complete ban on cryptocurrencies
WORLD · TECH · POLITICS
September 24, 20213 min read, 534 words

China announces complete ban on cryptocurrenciesChina announces complete ban on cryptocurrencies

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Published: September 24, 2021  |  3 min read, 534 words
It comes amid preparations for an economic slowdown, with fears about property giant Evergrande going bust and people wanting to move their money out of China. The People's Bank of China (PBoC) has announced that all cryptocurrency-related financial activities are illegal, inclu...
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Great Context
Sep 25
Although this news source has no presence in the U.S., this article contains credible sourcing and provides useful context.
Sep 25
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Surface Level
Sep 25
This article is pretty light on new information or context, but it does accurately report on the most recent prohibition from the Chinese government towards the use of cryptocurrencies amongst its citizens.
Sep 25
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