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CHINA BANS CRYPTOCURRENCY TRANSACTIONS
The People’s Republic of China has declared war on cryptocurrency
China has war on cryptocurrency transactions, declaring them illegal. There is now a nationwide ban on cryptocurrency mining, intensifying an ongoing crackdown.
Quotes from the Chinese central bank say, “Virtual currency-related business activities are illegal financial activities… it seriously endangers the safety of the people’s assets.”
Click here: https://nypost.com/2021/09/24/china-vows-crackdown-on-illegal-crypto-related-transactions/
This has put the bite on Bitcoin, Dogecoin, and virtually all cryptocurrencies. The government of China is pressing for a cash based physically traded medium, the yuan.
We at Max Allen Media stand behind this decisions as we also believe cryptocurrencies to be dangerously unstable and a threat to the world economy.
I’m Max, and that’s the way I see it!
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