A senior Chinese central banker says authorities will ban centralized trading of virtual currencies as well as individuals and businesses that provide related services.
Authorities will also block domestic and foreign websites and close mobile apps that provide centralized virtual currency trading services to Chinese users, and sanction platforms that provide virtual currency payment services.
So, bye-bye BTC in China.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/
https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading
https://www.reuters.com/article/us-china-bitcoin/pboc-official-says-chinas-centralized-virtual-currency-trade-needs-to-end-source-idUSKBN1F50FZ
This is funny. blocking domestic and foreign cryptocurreny exchange websites will not prevent people from china to buy and sell cryptocurrencies. people can just use services that offers vpn with it they can still acess those exchanges and how about over the counter or otc market how do they stop it if it is a decentralized market? china can never stop cryptocurrency just face it.Authorities will also block domestic and foreign websites and close mobile apps that provide centralized virtual currency trading services to Chinese users, and sanction platforms that provide virtual currency payment services.
So, bye-bye BTC in China.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/
https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading
https://www.reuters.com/article/us-china-bitcoin/pboc-official-says-chinas-centralized-virtual-currency-trade-needs-to-end-source-idUSKBN1F50FZ