A little hidden news .Not advertised by Coindesk or any other western press
Bitcoin is legal asset in China
China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
According to a recent report by CnLedger, the crypto ban is now a thing of the past in China, as virtual currencies have been legalized as a mode of payment to be accepted by people and business entities as. The Shenzen Court of International Arbitration was quoted as saying;
Instead of that news we are receiving scary news about regulation in USA and famous dead of bitcoin
https://www.btcnn.com/cryptocurrency-news/bitcoin-news/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/hope you are better now
And report from 3 november
This week in crypto:
1. Bitcoin 10 year anniversary
2. Janet Yellen now owns Bitcoin
2. Ron Paul calls for no crypto tax
3. Bitstamp acquired by NXC
4. @binance signs up 40k in Uganda
5. Coinbase raised $300M
6. Morgan Stanley says crypto is institutional asset class
That doesnt change anything at all, the price is still where it is. Even when they banned cryptocurrency in their country that seems to be when cryptocurrency started to progress and that was when we had the highest bull run with price almost getting to $20k. But I hope they contribute a lot and make the market to start growing back again, if this information is true.