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Re: China calling for a wider ban on Crypto currency trading ?
by
Cindung
on 20/02/2018, 03:21:38 UTC
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news

https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Client in the set of banning bitcoin. Earlier China shut down a major mining pool. This really bit damaged bitcoin growth while this happened. But if you look at on the other hand, we have other new countries like RUSSIA and ASIA have adapted bitcoin within their countries. They legally declared and accepted bitcoin.

Bitcoin growth is going to affect the country economic climate. You can take this in two ways. This kind of would affect current fiats value, or if bitcoin is accepted, the respectable country is going to have a massive progress in wealth. Not only the country, but also the citizens as well.