Welcome to the Tech Meme Right Home for Friday, September 24th, 2021. I'm Brian McCullough.

Today, China really, really, really wants you to know it's serious about its crypto crackdown.

Google brought some pixel-only features to everybody, leaks ahead of next week's Amazon

event, New York passes a law on gig worker pay and of course the weekend long read suggestions.

Here's what you miss today in the world of tech.

China continues to be like you don't think we're serious we're

telling you we're serious what part of this makes you think we're not serious

China's Central Bank says all cryptocurrency-related activities are prohibited and

overseas crypto exchanges providing services in mainland China are illegal.

Now in theory this was sort of always the case. There's been an

official ban on trading cryptocurrencies in China for years. It's the crackdown on

mining that is only months old. Still, the crypto markets are down this morning

on the news, quoting CMBC.

In a Q&A posted to its website,

the People's Bank of China said services

offering trading, order matching token issuance and

derivatives for virtual currencies are strictly prohibited.

Overseas crypto exchanges providing services in mainland China are also illegal, the

PBOC said.

Oversees virtual currency exchanges that use the internet to offer services to domestic

residents is also considered illegal financial activity, the Central Bank said

according to a CMBC translation of the comments.

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