Beijing banned banks and payment firms from providing services related to crypto-currency transactions.It also warned investors against speculative crypto trading on Tuesday. It follows falls in Bitcoin of more than 10% last week after Tesla said it would no longer accept the currency. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down -10.4% at $38,131. Meanwhile, other digital currencies such as Ether, which acts as the fuel for the Ethereum blockchain network, and Dogecoin lost as much as 22% and 24% respectively. Read more at https://www.bbc.co.uk/news/business-57169726