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China's ongoing crusade against bitcoin: 'Negative in the short term', but positive in the future?

Published by Noemí Jansana on 23rd June 2021

(Sharecast News) - The cryptocurrency market is stuck in a conflict between the seller panic caused by the latest news from China, where the country's government tightens restrictions on cryptocurrency businesses, from mining to buying and selling, and greater support of Wall Street investors. Digital currencies have suffered a new blow in the heat of the steps taken by the People's Bank of China to continue encouraging the exile of companies related to the crypto sector, but prominent members of the market remain upbeat and assure that it will be positive in the future.

URL: http://www.digitallook.com/dl/news/story/31939465/...

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