Finally, China banned all the crypto-related activities inside its territory. How can this affect the cryptocurrency market overseas?
China finally implemented a full ban on Bitcoin and cryptos. Meanwhile, Twitter just adopted Bitcoin as a payment method for its tip feature.
Turkey banned crypto-payments this year. And that’s not all. Cryptos are still legal, but they already have their own crypto-regulations.
Just recently, the authorities in several Chinese provinces have been taking actions to ban or seriously limit the Bitcoin mining operations.
Maybe there’s a ban on crypto payments now in Turkey, but that didn’t stop Dogecoin to reach a new All-Time-High (ATH) this week.
Recently, the Ministry of Labor announced that Russian officials are forbidden from owning any cryptocurrency, but not everything is bad.