China’s ban on financial institutions from issuing services related to Cryptocurrency to customers has generated a lot of comments on social media.
NAIJA NEWS NG brings you reactions from cryptocurrency users . Read below:
GIGACHAD
@GIGACHAD2021
“DON’T PANIC SELL, you should be PANIC BUYING. False info on China, i have contacts in China buying DOGE even though the news is spreading they are banning it, people over there are still buying. It’s mostly about “MINING” not buying/selling. HODLER”
Eddie Griffin
@EddieGriffinCom
“China is making the cryptocurrency world tank this morning smh”
Greta Wall
@GretaLWall
“#NEW Crypto plunge intensifies after China barred financial institutions from conducting crypto-related transactions
Bitcoin tumbles below $35,000
Ethereum drops below $2,500
Doge falls below $0.35″
“WHO’S HOLDING?! #SAFEMOON RocketFull moon symbol
Gman
@GmanMoonhead
**If this doesn’t say good new!? You must not know! **
China crypto is just converting to Defi coins! The transfer has begun and Safemoon is the USA defi MASTER!”
Muhtari Adanan
@MuhtariAdanan
“Flag of China PBoC joint statement signalling further regulatory clampdown on #crypto caused prices to tank:
“is not a real currency”, “should not and cannot be used as currency in the market”…
— China is launching a #CBDC, and is #Bitcoin mining’s capital…”
Poisonous Pinups ♡’s DOGE
@poisonouspinups
“*BREAKING* talked with my business contact in China. There is no ban on #crypto there was a warning that they always do every few months. Do not panic sell! The media is reporting that there is a ban that is a lie, FUD! They are controlled by the heggies and maxis! #dogecoin”
