Topic: China will ban BTC exhangers for good - page 4. (Read 628 times)
This is sad news. Today bitcoin and other COINS are falling because of this news. I don't know the truth of this news, but it really cost me a lot of money.
Chinese government is encouraging investments in gold and silver 
Probably they will also try to censore the web pages concerning bitcoins. There are a lot of possibilities for that. But i don´t understand what´s the purpose. If the regulate it, they can get taxes.
As long as e.g. OpenBazaar or Waves are there, this isn't really an issue. How China planing to deal with P2P networks with embedded distributed exchanges 
?
?that is why volume on P2P exchanges such as localbitcoins goes to the moon each time there is a news like this. they can not do anything about anything that is decentralized.
they were talking about bans in India too and while they were doing it price broke $10,000 in India while it was still struggling at $6000 in other exchanges.
As long as e.g. OpenBazaar or Waves are there, this isn't really an issue. How China planing to deal with P2P networks with embedded distributed exchanges ?
? 
This is the same news that's been going around, note that China is thinking about implying heavy regulations, not necessarily an outright ban. Also, this still requires a vote from the commission, most of which probably have some holdings in BTC/Crypto so will be unwilling to shoot themselves in the foot. This will not collapse the crypto economy.
More dumping is on the way, embrace yourselves.
A senior Chinese central banker says authorities will ban centralized trading of virtual currencies as well as individuals and businesses that provide related services.
Authorities will also block domestic and foreign websites and close mobile apps that provide centralized virtual currency trading services to Chinese users, and sanction platforms that provide virtual currency payment services.
So, bye-bye BTC in China.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/
https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading
https://www.reuters.com/article/us-china-bitcoin/pboc-official-says-chinas-centralized-virtual-currency-trade-needs-to-end-source-idUSKBN1F50FZ
Authorities will also block domestic and foreign websites and close mobile apps that provide centralized virtual currency trading services to Chinese users, and sanction platforms that provide virtual currency payment services.
So, bye-bye BTC in China.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/
https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading
https://www.reuters.com/article/us-china-bitcoin/pboc-official-says-chinas-centralized-virtual-currency-trade-needs-to-end-source-idUSKBN1F50FZ
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