Thursday, 5 March, 2026
China’s crypto crackdown brings Bitcoin transactions in country down to 10%
By Basit Ansari
<p>China’s central bank announced that Bitcoin transactions have been brought down to just 10% from the 90% of worldwide transactions. The drastic change was due to Beijing’s efforts in cracking down on crypto trading and mining over the last decade. With this, China aims to restore its domestic financial market and avoid illegal activities like online peer-to-peer lending and fundraising without appropriate licenses. </p>
Read full story at HT Tech
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