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Forbes: Bitcoin Preparing to Surge as Yuan Struggling

To mitigate the influence of the American sanctions on the export of Chinese goods in the USA, the authorities of the People’s Republic of China let Yuan fall by 7% due to the strengthening of the USA’s pressure on China via additional customs duties.

Abra Blocks BTC Transactions for New York Citizens

The restriction will also affect operations with BCH, LTC, ETH; QTUM, BTG, EOS, OMG, SNT will be forbidden for the citizens of other states. The resolution is due to the USA’s tough regulation and the absence of exact cryptocurrency laws.
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