Quote from: megynacuna on September 17, 2017, 10:31:52 AM

Quote from: Manuj on September 17, 2017, 09:26:06 AM

Quote from: harmunian on September 17, 2017, 08:07:46 AM

Can someone explain to me why china is trying to ban bitcoin.?

Try to do some more research about this latest news. China is not banning bitcoin, nor does the country ban altcoins for that matter. China is banning ICOs. Perhaps some regulations will take place about ICOs. Crypto exchanges are also being treated with very strict measures, even closing some.

Yes, some of the exchanges are perpetuating money laundering and the government wants to get strict on the ICO's and if possible the exchanges with whom these illegal moneys are converted into the Chinese yuan and vice versa.

You're sounding more like the spokes person for China, so where are thou evidence to support all those claims? Are you aware that China also attempted to ban Bitcoin way back 2013, which resulted in taking the wind out of Bitcoin's sail back then and now in 2017, they are still lost what to do with Bitcoin
https://www.theverge.com/2013/12/5/5177550/bitcoin-banned-from-chinese-banks-amid-fears-of-laundering