Beijing’s assault on bitcoin has surprised observers. Photo: Reuters

Why has China declared war on bitcoin and digital currencies?

Ban on initial coin offerings and the closure of exchanges kick off Beijing’s offensive

Topic |   Bitcoin

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Beijing’s assault on bitcoin has surprised observers. Photo: Reuters
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Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.