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Bitcoin is tanking following a reiteration from China's central bank that financial institutions cannot provide cryptocurrency services.

In a statement published online, the People's Bank of China warned against institutions and businesses from engaging in any form of virtual currency transactions.

Bitcoin is tanking following a reiteration from China's central bank that financial institutions cannot provide cryptocurrency services. In a statement published online, the People's Bank of China warned against institutions and businesses from engaging in any form of virtual currency transactions.

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[–] • 1 pt

Lol yes exactly.

[–] • 1 pt

LOL Brother, so where are all these "Experts" today ?

[–] • 1 pt

LMAO I was thinking the same thing.

[–] • 1 pt

Brother, they may be busy selling their Bitcoin's before they take a bigger loss.