108. China Bans Bitcoin ...Again

Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies. Compared with a previous ban issued in 2017, the new ban, which was posted by the People's Bank of China (PBOC), also covers services that were not previously mentioned. The impact of this means it may be more difficult for individuals to buy cryptocurrencies using various payment channels, and could impact miners' business by making it harder for them to exchange cryptocurrencies for yuan.#Bitcoin #China #Crypto~China Bans Bitcoin Again~⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribeFacebook 📱 https://bit.ly/PBNfacebookTwitter 📱 http://bit.ly/PBNtwitterGet Our FREE Breakthrough Business Consultation now!➜ http://bit.ly/PBNbusinessHave me speak at your event! ➜ http://bit.ly/PBNbusinessGet 1,000 miles of free Supercharging with the purchase of a new Tesla car ⚡ http://bit.ly/PBNtesla───────────────────────────Want to start your own virtual event or education series? Try our pro-level virtual event services 🎓 🎬 http://bit.ly/ReverVirtual​​​Want your own custom podcast? Jump in to the growth in podcasting to reach new and existing customers 🎙️ http://bit.ly/ReverPodcasts