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The price of the digital currency of Ethereum fell 8 percent on Monday to continue its losses for a second consecutive day, approaching a four-week low as sales in the digital currency market continued, especially as China's trend to ban foreign exchange of coded currencies, International banks to prevent the use of credit cards in the purchase of digital currencies.

At 12:05 GMT, the digital currency is trading at $ 758, down $ 67, or 8.1%, at $ 825 opening at $ 855 and a low of $ 756.

Ethereum prices yesterday lost 15%, the third loss in the past four days, and prices on Friday recorded a four-week low of $ 731 per unit of ethrium.

Ethium dropped 33 percent last week, the second weekly loss in the past three weeks, as sales in the digital currency market accelerated, with global ban escalation and a major hacker operation in Japan.

BEIJING (Reuters) - China is on the verge of banning and preventing foreign exchange of foreign currency currencies and currency support operations, according to press reports on Monday.

China has initially blocked domestic currency exchanges in 2017 as part of a massive campaign to crack down on the trade. Authorities have expressed dissatisfaction with current measures restricting trading in local exchange centers and are moving to a decision to stop foreign exchanges, Of its severity.

In the United States, according to Bloomberg, most major US banks have banned the use of credit cards in the purchase of currency or other encoded digital currency, in a move aimed at reducing financial and legal risks.

In the UK, Lloyds Bank on Monday announced a ban on the purchase of Bettkin and any other currency using credit cards, especially after the sharp drop in the prices of those currencies in the recent period.