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Bitcoin price falls again on reports that China is shutting down local exchanges
China's clampdown on cryptocurrencies has reportedly taken a new direction – to close down local bitcoin exchanges. Initial reports from Chinese media that the government plans to close down domestic cryptocurrency exchanges have seen the virtual coin shed more than $100 since Friday. Bloomberg and the Wall Street Journal also reported Monday that that the country is planning to shut down digital currency exchanges. Bitcoin sunk to a low of $4,241 in late trading in the U.K. Friday, and reached a low of $4,108 on Monday, according to Coindesk data. It climbed to a record high of $5,000 dollars a little over a week ... (full story)
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- Sep 11, 2017 3:20pm Sep 11, 2017 3:20pm
- stryjek
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Bicarus
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