Reuters Video: China puts squeeze on bitcoin, platforms to shut

Duration: 1:48, Published 15 Sep 2017

A senior executive at China’s state-backed internet finance body says ‘stateless’ digital tokens such as bitcoin pose risks as they could be used for illegal actions, in further comments that ramp up the rhetoric against virtual currencies. As Ciara Lee reports, they comments come as two Chinese bitcoin platforms announce they are to close. — Reuters