FX168 financial news (Hong Kong) news is plummeting again... On Tuesday, virtual currencies such as bitcoin, the etheric square, the repo currency and bitcoin were bloodied.
Russia today, the world's main cryptographic currency dropped sharply today, with bitcoin falling 18% below $12,000, its biggest one-day drop in three years. In addition, it fell by 18%, and by 24%, and by 23% in cash.
According to sina science and technology, Beijing time this afternoon, Reuters, according to an internal government meeting record for the people's bank of China deputy governor pan gongsheng, think, should not be allowed to virtual currency transactions, and banning individuals and businesses to provide related services.
Internet regulators and other policy makers also attended the meeting last week. Mr. Pan said at the meeting that the government should continue to put pressure on virtual currency transactions and prevent the market from accumulating risk.
Mr Pan said that state and local governments should seize the places where virtual currencies can be concentrated, while bitcoin is the largest virtual currency.
On top of that, MoneyToday cited the justice department document it obtained today as saying that the government wants to give investors time to pull out of the market before it seeks legislation to ban encrypted currency trading. The government sees the need for repeated warnings about the risks of cryptocurrency trading. The document will be submitted to congress.
South Korea's finance minister, jin dongyan, said in a radio broadcast that the government's position was to regulate cryptocurrency investments because it was a big speculation, yonhap news agency reported. "Closing the virtual currency exchange remains one of the options.
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