As Markets Turn Red, Senator Pat Toomey Calls China’s Crypto Crackdown ‘Big Opportunity’ for the US

Crypto prices are down across the board today after China announced it is banning virtually all activity related to the cryptocurrency industry. In a document co-signed by numerous state institutions, the Chinese government blames fraud and other illegal activities as rationale for the crackdown. The policy brief says, “Virtual currency trading… activities have risen, disrupting […] The post As Markets Turn Red, Senator Pat Toomey Calls China’s Crypto Crackdown ‘Big Opportunity’ for the US appeared first on The Daily Hodl.