* correction from minutes ago: #Bitcoin now at $38,900, down over 13%
— Disclose.tv 🚨 (@disclosetv) May 19, 2021
— Holger Zschaepitz (@Schuldensuehner) May 19, 2021
— Holger Zschaepitz (@Schuldensuehner) May 18, 2021
“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.
China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies.