05 Dec '13, 12pm

Bitcoin price tumbles after warning from Chinese central bank

Bitcoin price tumbles after warning from Chinese central bank

The Chinese central bank has warned the country's financial institutions not to trade in bitcoin, saying that the digital currency doesn't have "real meaning" and lacks legal protections. However, no explicit risk to China's financial system was identified by the bank, and it reiterated that individual citizens were free to use bitcoin provided they were aware that they were taking the risk on themselves. The bank also identified money laundering and other illegal uses of the currency as areas of concern. Bitcoin has recently achieved a measure of popularity in China, with FiatLeak and other bitcoin trading information sites showing large inflows of the currency through Chinese exchanges. China Telecom, the largest mobile phone provider in the country, launched a promotion allowing a Samsung phone to be bought with bitcoins, and Baidu , the Chinese Google, is accepting pay...

Full article: http://www.theguardian.com/technology/2013/dec/05/bitcoin...

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BITCOIN CRASHES

businessinsider.com 05 Dec '13, 9am

Bitcoin prices have fallen by roughly $150 this morning. Earlier today, the People's Bank of China warned that the controv...

China central bank warns banks against use of bitcoin

China central bank warns banks against use of b...

cnbc.com 05 Dec '13, 8am

Getty Images China's central bank warned on Thursday that financial institutions should not trade the digital currency bit...

China central bank warns banks against use of bitcoin

China central bank warns banks against use of b...

in.reuters.com 05 Dec '13, 8am

BEIJING (Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital curre...

#bitcoin

online.wsj.com 05 Dec '13, 9am

Central bankers and regulators around the world are ratcheting up warnings about bitcoin, as prices of the virtual currenc...

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thenextweb.com 05 Dec '13, 9am

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#Bitcoin has ‘no legal status’ – China Central Bank

#Bitcoin has ‘no legal status’ – China Central ...

rt.com 05 Dec '13, 9am

China warns banks to avoid bitcoin Published time: December 05, 2013 09:03 Edited time: December 05, 2013 11:52 Get short ...

China's central bank warns financial institutio...

venturebeat.com 06 Dec '13, 9am

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usatoday.com 05 Dec '13, 10am

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Bitcoin Price Crashes as China Outlaws Bitcoin ...

coindesk.com 05 Dec '13, 10am

The price of bitcoin fell by $300 this morning after China’s central bank warned financial institutions to steer clear of ...

Bitcoin trade ban for Chinese banks

Bitcoin trade ban for Chinese banks

bbc.co.uk 05 Dec '13, 2pm

Continue reading the main story How Bitcoin works Bitcoin is often referred to as a new kind of currency. But it may be be...

China Warns Of Bitcoin Risks And Tells Financial Institutions Not To Trade It

China Warns Of Bitcoin Risks And Tells Financia...

businessinsider.com 05 Dec '13, 8am

BEIJING (Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital curre...

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theverge.com 05 Dec '13, 9am

Chinese regulators have banned financial institutions from using Bitcoin, warning that the virtual currency could be used ...

BREAKING: Chinese government says Bitcoin cannot be used as currency

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techinasia.com 05 Dec '13, 9am

This afternoon, China’s central bank and five other government ministries announced Bitcoin is not money, and it should no...

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myaccount.nytimes.com 06 Dec '13, 5am

Log in to manage your products and services from The New York Times and the International New York Times. Don't have an ac...

China

China

coindesk.com 06 Dec '13, 11pm

The price of bitcoin has seen a larger than normal drop in trading prices over the past day on a number of bitcoin exchang...