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Month: September 2021

China says all crypto transactions illegal; Bitcoin tumbles

BEIJING (AP) — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Friday’s notice complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crimes. “Virtual currency derivative transactions are

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Taiwan says China is a ‘bully’ after one of the largest PLA warplane incursions yet

By Eric Cheung and Brad Lendon, CNN Taiwan on Thursday accused China of “bullying” after Beijing sent a total of 24 warplanes into its air defense identification zone (ADIZ), the third-largest incursion in the past two years of heightened tensions between Beijing and Taipei. The People’s Liberation Army (PLA) aircraft, including bombers, fighter jets, anti-submarine

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