Bitcoin price fell more than 4.6% in 24 hours

Recently, the People’s Bank of China has interviewed some banks and payment institutions on the issue of virtual currency transaction speculation. The relevant departments of the People’s Bank of China pointed out that virtual currency trading activities disrupt the normal economic and financial order and breed the risks of illegal and criminal activities such as illegal cross-border transfer of assets and money laundering.

The People’s Bank of China interviewed six banks and payment institutions on the issue of banks and payment institutions providing related services for virtual currency transaction hype. The relevant departments of the People’s Bank of China stated that all institutions must comprehensively investigate and identify the capital accounts of virtual currency exchanges and over-the-counter dealers, and cut off the transaction funds payment link in a timely manner; they must analyze the capital transaction characteristics of virtual currency trading hype activities, increase technical input, and improve Abnormal transaction monitoring model to effectively improve monitoring and identification capabilities; internal working mechanisms must be improved to ensure that relevant monitoring and handling measures are in place. Participating organizations stated that they will attach great importance to this work and will not carry out or participate in virtual currency-related business activities in accordance with the requirements of the People’s Bank of China.

Bitcoin price fell more than 4.6% in 24 hours

According to data from the Bitcoin news information network coindesk, as of 7 o’clock in the evening Beijing time on the 21st, the price of a Bitcoin was $32,346.85, which fell by about $1,500 in transactions within 24 hours, a drop of 4.65%. The current market value of Bitcoin is 606.16 billion U.S. dollars.


Post time: Jun-22-2021