Bitcoin’s value slumped after the People’s Bank of China said virtual tokens shouldn’t be used ‘because they’re not real currencies’. China is considering creating its own digital yuan. AP
Bitcoin’s value slumped after the People’s Bank of China said virtual tokens shouldn’t be used ‘because they’re not real currencies’. China is considering creating its own digital yuan. AP

Money

Bitcoin slump continues after China rules out using cryptos for payments

Financial and payments institutions are not allowed to price products or services with virtual currency, central bank says

Bloomberg

May 19, 2021

On The Money

Make money work for you with news and expert analysis

      By signing up, I agree to The National's privacy policy
      On The Money