Beijing set for fresh Bitcoin crackdown

    China’s central bank is considering whether to order the country’s banks to close Bitcoin trading accounts, according to a Chinese financial magazine and The order would close the last major remaining channel through which people in China can buy the virtual currency. The ban may come into effect by April 15th, Caixin reported.  Bitcoin prices in China have fallen 17 percent since the Caixin magazine piece was reported last week. The virtual currency has been reeling in recent months from hacking attacks and regulatory clampdowns.