China confines crypto and the price of Bitcoin plummets. But there’s more to the story than meets the eye! While the country with almost 18% of the world’s population bans crypto, it’s been developing its own digital currency since 2014 and the implications are global. In Episode 15 of the Crypto for Newborns podcast, we’ll take a look at what’s at work and what’s at stake—which may provide some insight into what’s next!

Just because you’re a crypto newborn doesn’t mean you’re a babe in the woods. Tune in and stay current to what’s happening in the cryptoverse!

Resources/References from the episode:

Article: China bans financial, payment institutions from cryptocurrency business

Article: Bitcoin Falls Below $40,000 as 'Scared' Traders Sell at a Loss

Article: China’s digital currency could be the future of money – but does it threaten global stability?

Article: How the Yuan Could Become a Global Currency

Article: China Says It Has No Desire to Replace Dollar With Digital Yuan

Article: 'Big Short' investor Michael Burry says governments may 'handicap' bitcoin - and doubts it can disrupt global finance

Article: Janet Yellen, Bitcoin And Crypto Fearmongers Get Pushback From Former CIA Director

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Website: cryptofornewborns.com

Thanks for tuning in!