Re: China calling for a wider ban on Crypto currency trading ?

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

From the moment the exchanges ceased to operate, China lost its importance, and in a way it did lose its importance.

There is no way for China to ban encryption altogether, because the exchanges have moved abroad. People can still trade bitcoins.