china bitcoin

The crypto market plunged again this Friday because rumours that the authorities of China wants to shut down all local bitcoin exchanges. 

This was reported by Caixin a Chinese news website which used statements of an high authority journalist to power up their story.

However when reading the full report this journalist only elaborates on the ICO banning of last Monday and doesn’t state that there are any fact on China banning the all local bitcoin exchanges.

Just a hoax of the Chinese news site to get clicks and I think it worked..