most of the things you just mentioned here are also happening in other parts of the world too. for example a lot of other countries (nearly the whole world) is moving forward with banning ICOs and any kind of similar method of raising money and scamming people with fake fund raisings to give them a useless token.
also any other country would have shut down the shady exchanges that China had a very long time ago. the fact that they were so flexible and allowed them to stay alive that long was a miracle with all the money laundering that they were doing!
i don't know about this new news article you posted though but since the source of it is a shitty website i wouldn't even bother looking into it.
Topic: Blockchain Censorship In China (Read 206 times)
China will accept and implement any technology innovations to its people but its not necessary that they will apply the same principle on what people believed on that tech, all of them are controlled by the CPC. So obviously running blockchain tech/company/project base on the country will not be anonymous and expect it will be controlled by her and the CPC.
In 2017, China imposed restrictions on ICOs and fiat to crypto trading. The knock on effects forced exchanges to move to more crypto-friendly locations, and of course, ICOs have disappeared in China although it must be said that P2P crypto trading has flourished as a result.
However, authorities have recently announced a raft of further crypto restrictions. What does this mean for crypto in China?
https://cryptomenow.com/china-forces-companies-to-censor-blockchain-content-will-this-be-the-end/
However, authorities have recently announced a raft of further crypto restrictions. What does this mean for crypto in China?
https://cryptomenow.com/china-forces-companies-to-censor-blockchain-content-will-this-be-the-end/
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