Re: China closes exchanges

Quote from: MadMac on September 16, 2017, 06:31:34 AM

I guess that is good news, the cat is out of the bag and no more rumors. China closes all exchanges based on the fact that they are operating without a formal license.

Which means there will be regulation and licenses coming soon, a good step forward.

https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/

yeah that is a good thing about the action of Chinese government regarding these "hostile" action against exchanges that has no formal license. I believe Chinese government is going big in Bitcoin this coming months, when all the unlicensed company that deal with bitcoin shutdown. China will be trading with Clean Bitcoins. Is not that great?