Bitcoin drops after China says crypto-related activities are illegal

Bitcoin drops after China says crypto-related activities are illegal

CNBC’s “Squawk Box” team discusses the People’s Bank of China saying services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited. For access to live and exclusive video from CNBC subscribe to CNBC PRO: Bitcoin and ether tumbled Friday, with traders rattled by tough talk out of China. The price … Read more

Close