Quote from: peter0425 on December 03, 2019, 04:00:19 AM

Quote from: FaithInCrypto on November 26, 2019, 01:18:59 AM

Quote from: peter0425 on November 25, 2019, 02:42:54 PM

this action from Chinese government means they are serious in their support to crypto,what they only want is the clarity of the flow because we also knew the illegal businesses that wanted to use crypto as their way to bag money.

Illegal activities should be penalized so I admire the Chinese government for their support on crypto as well as protecting its people from illegal use of the cryptocurrency.

that is what we must understand that not because they are putting some laws meaning it is bad for the crypto because they are only protecting the righhts of their people specially in this investments that mostly risk to enter.

so for them to give assurance to the Chinese people atleast this action must take place.

China does have a pretty strict policy for their citizens, management is more dominated by orders from the government that is there. it is difficult for them to adopt technology from outside, they prefer to use technology made by them. and in fact investment does have a high risk, especially for those who do not have much knowledge