Bitcoin could be banned in china

Digital currencies, such as Bitcoin
or other cryptocurrencies, are not legal tender in Canada. Only the Canadian
dollar is considered official currency in Canada. Legal tender is defined as: bank notes issued by the Bank
of Canada under the Bank of Canada Act.
China is
planning to cut off domestic access to platforms and exchanges that enable
people to trade digital currencies, it has been reported.
Bitcoin and all
other major digital currencies plummeted after it emerged that trading could be
banned in South Korea.
Speculation
around the Chinese government’s plans for a major bitcoin crackdown have likely
also contributed to the huge declines that recently have happened across the
board
The united states is also in the process of banning
bitcoin however you may still have a chance to ride it out a little longer or
perhaps move over to a different currency in the crypto market. The major central
banks in china the U.S, Canada and even other places have had enough of missing
out on the action and don’t like how we can make money without using their fake
currencies!
Comments
Post a Comment