Cryptocurrency Markets Volatile after China Vows Strict Action

In the past few days, there has been increasing concern among cryptocurrency investors regarding the effect of Chinese authorities’ measures on restricting blockchain activity in the country, especially with regards to the tightening of restrictions on exchanges and ICOs. This has sent the price of Bitcoin and other cryptocurrencies crashing down. Here are some of the ramifications of the crackdown, as well as further details on what it means.
Details of the crackdown
The fall in prices ha