Quote from: wRex on October 01, 2017, 09:44:10 AM

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/

I think China not ready issue CryptoCurrency and China government not 100% supporting these. Many issue couldn't run smoothly.
So these good news for us whose already trade BTC but bad news for whose already investing their money on BTCC.

Well China only needs control and taxes after this they will again make this operated as they created possible grounds to make rules and to have more control with incoming and outgoing money from cryptocurrency and by the way who needs them? We are now seeing great support even this news spread out.