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Reactions As China Bans Use Of Cryptocurrency



Reactions As China Bans Use Of Cryptocurrency

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: 


“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

“China is making the cryptocurrency world tank this morning smh”

Greta Wall

“#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

**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

“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

“*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”

I am Paschal Ogechi Obi Chikero . I have written and published three books , I wrote Festus Keyamo's biography- Lion In Isolation .I have been a Reality TV show Producer/Creator, an Actor and Film Script Writer.

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