Post
Topic
Board Trading Discussion
Re: Is China still going to ban bitcoin exchange in China
by
stomachgrowls
on 07/10/2017, 15:35:37 UTC
According to the latest news, the Chinese government will likely resume cryptocurrency trading in the upcoming months with necessary Know Your Customer (KYC) and Anti-Money Laundering (AML) systems in place. https://www.cryptocoinsnews.com/china-will-likely-resume-cryptocurrency-trading-by-licensing-bitcoin-exchanges/
Just as expected they would really do such thing. They cant able to completely close exchanges since they know they can able to make money on that and now they are returning but on a regulated way which is somehow a good step by them.It will surely affect crpyto currency prices on this one.Thanks for the link by the way.