Slyck.com
 
Slyck Chatbox - And More

Bitcoin Slides After China Central Bank Launches Investigation

What's happening in the technology world! Please submit stories for this forum here.
Forum rules
PLEASE READ BEFORE POSTING: Slyck Forum Rules

Bitcoin Slides After China Central Bank Launches Investigation

Postby sunnyd » Wed Jan 11, 2017 11:32 am

Story : http://www.reuters.com/article/us-markets-bitcoin-pboc-idUSKBN14V10B





The price of digital currency bitcoin slid around $50 on Wednesday after China's central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in order to fend off market risks.

The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People's Bank of China's website.

Bitcoin fell from around $909 on the Europe-based Bitstamp exchange to the day's low of $861, leaving it down almost 5 percent BTC=BTSP.





(That's the whole article).

Follow Slyck on Twitter @SlyckDotCom
Join Slyck's Facebook Fan Page
User avatar
sunnyd
 
Posts: 29735
Joined: Mon Jan 21, 2008 2:34 pm

Return to Tech/Internet/Other News

Who is online

Users browsing this forum: No registered users and 6 guests

© 2001-2008 Slyck.com