Business Insider/The Wall Street Journal/Associated Press – 8 hours ago A startup looking to build a digital business in China could find itself in a bind.
The country’s new digital currency, Bitcoin, has taken off, with its value soaring to more than $20,000 per coin.
That’s a lot of money to pay for a service that only takes a few seconds to use.
And now, as Bitcoin continues to grow in popularity, the government of China has stepped in.
It has announced that it will ban online trading and other activities related to Bitcoin, including payments for goods and services.
The announcement comes just a week after Chinese officials banned Bitcoin, calling it a currency that’s “disturbing” and “threatening” to the country’s economic stability.
“Bitcoin and other cryptocurrencies are threatening the national security and stability of the country,” the announcement said.
“The government will not allow Bitcoin to enter the country, and will restrict trading and trade in cryptocurrencies to government-approved financial institutions.”
This is the latest in a series of recent announcements by Chinese regulators to try to crack down on the digital currency industry.
Bitcoin has also attracted a slew of startups in the country that use it to buy and sell goods and other goods.
These companies are looking to expand their business models.
But they’re also being targeted by Chinese authorities for their efforts to expand the Chinese economy.
Bitcoin and other digital currencies are threatening to disrupt the Chinese economic model.
It could make it harder for companies to get financing to expand, and it could hurt them in other ways.
This is why it’s important for startups to stay on top of any new digital currencies and any new regulations.
This could mean using them only as an initial payment, or using them as a payment method for online services that rely on Bitcoin.
You should be careful when it comes to how you use Bitcoin.
Some of the most popular Bitcoin-related businesses, such as Paypal and Coinbase, have recently taken steps to restrict use of Bitcoin in China.
You can’t use Bitcoin to buy goods and also use Bitcoin for online transactions.
For more information about how Bitcoin works and how it’s used, check out the section below on how to use Bitcoin securely.