Two construction workers use a lift along a wall of bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec, Canada in March 2018. Change is coming to cryptocurrency markets whether the proponents of these digital currencies like it or not. Photo: AFP
Two construction workers use a lift along a wall of bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec, Canada in March 2018. Change is coming to cryptocurrency markets whether the proponents of these digital currencies like it or not. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why China’s crackdown could signal dark times for cryptocurrencies

  • China’s decision to rein in activity in cryptocurrency markets will be a game changer as other countries are likely to follow its lead
  • Cryptocurrency market volatility made the headlines, but the real story was that policymakers globally are starting to flex their muscles

Two construction workers use a lift along a wall of bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec, Canada in March 2018. Change is coming to cryptocurrency markets whether the proponents of these digital currencies like it or not. Photo: AFP
Two construction workers use a lift along a wall of bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec, Canada in March 2018. Change is coming to cryptocurrency markets whether the proponents of these digital currencies like it or not. Photo: AFP
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