Investorideas.com - China's Digital Yuan And What It Means For Bitcoin
China's Digital Yuan And What It Means For Bitcoin January 26, 2021 (Investorideas.com Newswire) The government of China has not been too kind to cryptocurrencies in recent years. The initial coin offerings (ICOs) were the first target to fall prey to China's crypto wrath back in September of 2017. Not long after the crackdown on ICOs, exchange platforms that traded cryptocurrencies or even provided facilitation to them, were next in line to be struck down under the ban with authorities ordering immediate closure. Such drastic steps made the purchase of bitcoin in China close to impossible...