As a result of concerns about global restrictions on the exchange of digital currencies, Bitcoin briefly fell below $ 6,000 on Tuesday.
The People 's Bank of China and other regulators in the country are preparing a package of measures to further restrict initial offers of criptomonedas, called ICO (English, Initial Coin Offerings), and exchange, particularly across platforms in the abroad, reports China Daily quoting a source familiar with the matter.
Last September, the Chinese authorities and banned the ICO and closed all national exchange platforms virtual currencies, but did not solve the problem of access to foreign services within the country.
It is reported that the new measures could include stricter monitoring of accounts criptomonedas, especially to monitor transactions offline, and pay more attention to cross-border flows of currency exchange in ICO abroad.
"Although it is difficult to monitor operations criptomonedas abroad, could take measures such as restricting online operations blocking online accounts, closing web servers, prohibiting illegal traders leave the country or improving coordination with foreign regulators, "said Dong Yang, Renmin University of China.
As a result of concerns about global restrictions on the exchange of digital currencies, Bitcoin fell briefly below $ 6,000 losing about 25% of its value in about 24 hours. "We anticipate that this decline will continue, so that the next technical level is $ 5,000 per coin , " predicted analyst Miles Eakers, quoted by Reuters .
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