About This Source - ABC News (Australia)
The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.
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ABC News (Australia) published this video item, entitled “Bitcoin continues plunge after China puts handbrake on cryptocurrencies | ABC News” – below is their description.
Bitcoin’s price has dropped along with other cryptocurrencies after comments from the Chinese Banking Association, effectively banning financial institutions from providing services using digital currencies.ABC News (Australia) YouTube Channel
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In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.