Bitcoin plunges as China investigates exchanges Beijing (AFP) Jan 12, 2017 - Bitcoin prices plummeted after China's central bank announced it was investigating exchange platforms trading in the virtual currency. The People's Bank of China (PBoC) said it had dispatched inspection teams to several of the country's major bitcoin trading platforms in Beijing and Shanghai. The move, announced Wednesday, has triggered fears Beijing is mulling a crackdown on the digi ... more

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