Bitcoin slides as China’s central bank launches checks on exchanges | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/11/bitcoin-slides-as-chinas-central-bank-launches-checks-on-exchanges/

SHANGHAI/LONDON (Reuters) – China’s central bank launched spot checks on leading bitcoin exchanges in Beijing and Shanghai, ratcheting up pressure on potential capital outflows and knocking the price of the cryptocurrency down more than 12 percent against the dollar. http://internationalnewslive.com/bitcoin-slides-as-chinas-central-bank-launches-checks-on-exchanges/