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/

I think the fixed bitcoin price will continue to rise even though it closes the exchange. More and more countries will be interested in the existence of bitcoin, especially with the news of tantalizing media about bitcoin. when china is interested in returning about bitcoin and allowing the exchange back, imagine the price of bitcoin that will increase rapidly.