Zero Hedge — China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling

Summary:
Boom! How many people get that cryto involves a sovereignty issue and that this is its reason for being.Zero HedgeChina Declares All Virtual Currency Transactions "Illegal", Sending Crypto Prices TumblingTyler DurdenSee alsoECNSChina to tighten regulation on virtual-currency trading, speculationXinhua (Chinese state media)

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