Post
Topic
Board Legal
Re: China will block all sites related to cryptocurrency and ICO
by
Yzhel
on 16/03/2018, 04:08:47 UTC

China will block all sites related to cryptocurrency and ICO transactions, including foreign sites.
Ads on cryptocurrency and ICO disappeared from Baidu and China's Weibo
China applies a variety of controls to ICOs and domestic and foreign crypto trading platforms, including a decision to ban all other related businesses, such as local and foreign crypto trading sites.
This statement is seen as a "knock-out" to completely stamp out the domestic cryptocurrency market.

China has always been very critical on bitcoins and crypto-currencies.First,it was banning exchanges,then ICOs and then harassing those who engage in mining activities.They use to control over a third of the mining power.The chinese government blocking all sites related to crypto-currencies is like its final efforts to deny its citizens access to cryptos.It is really sad.The problem with such move is that people will find a way to access crypto-related services using the darkweb.I personally believe that after these crypto-hostile governments have done all they can do to stop cryptos and fail eventually,they will have no choice than to accept it.The world will be eventually decentralized.That is anthropologically conceivable. 
They will do anything for the sake of their own coin, no doubt about it, they can do freely what they want and if they are happy with that, let them be, after such time for sure they will finally open the world for crypto especially  bitcoin and when China already opens the door some countries will follow then.