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InvestmentsAll bark and some bite. China’s Bitcoin ban puts traders in the...

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone By Cointelegraph


All bark and some chunk. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans (BTC), once more.

No, we’re not touring again in time. On Sept. 24, the People’s Bank of China (PBoC) printed a new set of measures to advertise inter-departmental coordination on cracking down on crypto exercise. The measures supposed to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with the law.”

Bitcoin worth at Bitstamp in USD. Source: TradingView
Bitcoin 3-month future contracts foundation charge. Source: Laevitas.ch
Deribit Bitcoin choices 25% delta skew. Source: laevitas.ch