Post
Topic
Board Bitcoin Discussion
Re: Good News - China
by
rjbtc2017
on 17/09/2017, 13:53:22 UTC
Mike V - Viacoin Telegram

" I have just spoken to Yobtc.
 They told me that before Sept. 4th they didn't need any licenses to open their exchange.
 So now they have to close down due to new regulations.
 Which probably means that every exchange will be able to purchase licenses soon.
 And open up again.
 So my advice is to buy as much BTC/alts as you can before that happens "



https://twitter.com/TradingWhaIe/status/908607956010389506

Again, is this legit?. If yes, then the 'ban' is not an actually banning exchanges but closing down those exchanges who doesn't have any licenses?. Ohh, i do now get it. Chinese Government is really working hard to regulation cryptpcurrencies on their country to prevent threat to their own monetary policies and activities.