China's three major virtual currencies trading platform Bitcoin China, Coin Network, OKCoin currency have announced that they will cease trading business, the Chinese regulatory authorities so resolute and beyond imagination. I would like to know why China prohibits bitcoin. What is the reason, who can tell me?
All about banks controlling the money, money laundering also
These countrys hold on tight to the USD and dont want it to leave the country. Bitcoin allows the traders / investors to make big USD gains.