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Re: China calling for a wider ban on Crypto currency trading ?
by
tuikindu01
on
12/03/2018, 14:33:36 UTC
Quote from: anushkasachith888 on January 16, 2018, 10:55:37 AM
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
The news is usually not effective in the market.
South Korea started the same program to regulate the market.
It is difficult to completely ban the encryption of money, but China can control it fairly rigorously.