Post
Topic
Board Economics
Re: The biggest lie of Chinese and BTC ??
by
Shaeton
on 02/03/2014, 12:24:46 UTC
1st, those are no "my datas", those are the datas gett from fiatleak API to those markets.

2nd, They may have not declared ilegal, but the declared not law money and restricted buys and sales of it, thats why price get down 50% few weeks ago.

3rd, rapid fire style... OK, 20 millions of euros daily in fire style market...  i dont think so


http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country



 China (PRC): "...The People's Bank of China said financial institutions and payment companies can’t give pricing in Bitcoin, buy and sell the virtual currency or insure Bitcoin-linked products, according to a statement on the central bank’s website..."

China (ROC): "...On 5 January 2014, FSC chairman Tseng Ming-chung stated that FSC will not allow the installation of Bitcoin ATM in Taiwan because bitcoin is not a currency and it should not be accepted by individuals and banks as payment..."



This may not declare it ilagal, but is the most close to i have seen...