MarketsCryptocurrenciesA Timeline of China's Crypto Crackdown Shows a Global Shift in PowerBeijing intensifies campaign against digital-currency activityTraders in U.S. and Europe now drive trading of volatile assetFacebookTwitterLinkedInEmailLinkGiftFacebookTwitterLinkedInEmailLinkGiftGift this articleHave a confidential tip for our reporters? Get in TouchBefore it’s here, it’s on the Bloomberg TerminalBloomberg Terminal LEARN MOREFacebookTwitterLinkedInEmailLinkGiftBy Justina LeeSeptember 24, 2021 at 11:26 AM EDTUpdated on September 24, 2021 at 12:01 PM EDTBookmarkSaveLock This article is for subscribers only.Follow @crypto Twitter for the latest news.China’s multiyear crackdown on the crypto industry may have reached its apex Friday, cementing a shift in the balance of power away from one of the countries that first embraced the digital currency world.Have a confidential tip for our reporters? Get in TouchBefore it’s here, it’s on the Bloomberg TerminalBloomberg Terminal LEARN MORE