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Bitcoin falls below $30000 by losing 5% in the past 24 hours, the first time since June 22.
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China central bank issues white paper on research development of digital yuan, and says that China will steadily push forward digital yuan pilot, but will not set timetable for digital yuan roll out. China also says that research on digital yuan's impact on monetary policy, financial system and financial stability will also be deepen. 
PBOC also says that digital yuan is mainly used for domestic retail payment now and digital yuan transactions totaled 34.5 billion yuan in trials.
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Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the factors depressing activity. Spot trading volumes fell 42.7% to $2.7 trillion, with derivative volumes down 40.7% to $3.2 trillion, London-based researcher CryptoCompare's data showed.
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PBOC says banks and payment firms must not provide services including opening accounts, registration, transaction, clearing and settlement for cryptocurrency-related speculations, urgeing banks and payment companies to promptly cut payment channels for crypto trading.
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All the mining sites in China's major mining spots Yunnan province may have to be shut down following reports that Yunnan is preparing to ban cryptocurrency mining —— local media cites sources
One of the miners says that some mining machines in Yunnan have been shut down, "Yunnan may have to shut down all the mining machines eventually," the miner adds.
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Bank Of France, Swiss National Bank launch experiment in large-scale cross-border central bank digital currency payments. Bank Of France, SNB Wholesale Central Bank Digital Currency Pilot Project involves Credit Suisse, UBS And Natixis.
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China is cracking down on crypto trading by blocking relevant content on websites like Baidu, Sougou and Weibo. Search results of keywords such as Binance, OKEx, and Huobi can no longer be displayed.
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JP Morgan analyst Kenneth Worthington initiated coverage of Coinbase on Tuesday with an overweight rating and expected Coinbase's stock can rebound more than 60%, saying that the outlook for Coinbase and the crypto-space was still bright despite the recent swings.
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HongKong government: Carrying out regulated virtual asset activities without a licence is liable to a fine of $5 million and imprisonment for seven years;  in the case of a continuing offence, a further fine of $100,000 for each day during which the offence continues.
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