Topic: Bitcoin is already illegal in China - page 2. (Read 2871 times)
I dont know how they would check that and force people to not do this, and people still can transfer money using bitcoin so it has uses anyway. But to me they are going too far with that regulations. Way too far.
I ran across this article from 2009. It seems that trade of virtual currencies for real goods is already illegal in China.
China has been leading the way with the recent rise to $200 so I guess that making bitcoin illegal does not kill the price. Maybe the people that say prohibition raises the price are correct.
http://www.informationweek.com/internet/ebusiness/china-limits-use-of-virtual-currency/218101859
China has been leading the way with the recent rise to $200 so I guess that making bitcoin illegal does not kill the price. Maybe the people that say prohibition raises the price are correct.
http://www.informationweek.com/internet/ebusiness/china-limits-use-of-virtual-currency/218101859
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