Post
Topic
Board Altcoin Discussion
Re: A ban on trade in China
by
lendahawkins
on 17/01/2018, 12:38:21 UTC
The Chinese authorities will block all platform for cryptocurrency trading.

Previously, China has closed all major cryptocurrency exchanges under the jurisdiction of the country, however, according to the authorities, this is not enough, and they plan to block access to local and offshore platforms that allow for centralized manufacturing. It is reported Bloomberg citing sources familiar with the situation.

Last year the authorities decided to close the cryptocurrency exchanges under the jurisdiction of the country. However, she was recently seen increased activity on alternative venues. The sources Bloomberg did not specify how the authorities will define such platform.
Its not easy for the user of crypto in Chinese. I hope the chinese government change their mind. Than should banned access of cryptocurrency better they legal it and take taxes from it. Since china have the biggest population in this world it's hard to make money there. Crypto is the way that the people there to receive more income. I think there is no negative side from cypto until the government of China should shut it.