Bitcoin sinks after China restricts yuan exchanges

Posted in: Miscellaneous at 19/12/2013 16:10

Bitcoin has fallen to less than half the value it recently traded for, following reports of fresh action by Beijing to restrict trade in the virtual currency.

BTC China has said that local payment companies have been blocked from providing it with clearing services.
http://www.bbc.co.uk/news/technology-25428866

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