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Topic: Cryptocurrency Exchanges Officially Dead In China - page 2. (Read 675 times)

member
Activity: 140
Merit: 10
Chinese exchanges will open soon and ICO will be regulated, like in other fields China wants to keep all in their hands
legendary
Activity: 1946
Merit: 1137
Cryptocurrency Exchanges Officially Dead In China?

the big exchanges are in a winter sleep and will most probably wake up after some time as some rumors and news tell us about them. they will come back just as they came back before and with new sets of rules and regulations and probably 0 ICO.

the act of exchanging or trading is still pretty damn hot in China though. they are trading bitcoin like crazy. the volume of some foreign exchanges are not much higher because of their migration and also the volume from decentralized places and the peer to peer or OTC trading places are through the roof too.
sr. member
Activity: 574
Merit: 250
Cryptocurrency Exchanges Officially Dead In China?
Yes if there will be no more intruction from the regulators to continue the crypto exchange service in the china, But another news was appearing about the chinese regulator try to consider about the crypto exchange site again. And about to regulate the crypto.
full member
Activity: 396
Merit: 100
There are rumors that China would open up their exchanges again because they can't pass up this opportunity to not profit in cryptocurrency. They are maybe just ironing out some issues so that when the time comes they would officially open then there would be little or no issues to address. China have played a big part on the bitcoin price especially those crashes but the crypto world have moved on and can exist without them being involved.
considering the amount of bitcoin that circulates more in china, so naturally this happens, and anyone would be interested in the name of money  Grin Grin
full member
Activity: 396
Merit: 100
What do you mean by officially dead? This fear uncertainty and doubt was spread a long time ago in the cryptocurrency space and we have already rebounded from the issue. I don't think there is much more to say at this point. We are going to the moon with or without China.
BECAUSE this issue bitcoin prices last month dropped but cuman correction, once again this cuman rumors are not true china declares full ICO is strictly prohibited, there is a political element in it.
newbie
Activity: 9
Merit: 0
isnt this just one of many news bubbles intentionally created?
sr. member
Activity: 616
Merit: 262
There are rumors that China would open up their exchanges again because they can't pass up this opportunity to not profit in cryptocurrency. They are maybe just ironing out some issues so that when the time comes they would officially open then there would be little or no issues to address. China have played a big part on the bitcoin price especially those crashes but the crypto world have moved on and can exist without them being involved.
hero member
Activity: 2520
Merit: 624
Some of these news items are rumours and rumours are part of the business world. It falls under fundamentals, we should not be surprised when investors start acting on what they have heard and this, causing panic selling. Thus, affecting the market.

For China however, they have always wanted to be in the news with bitcoin and cryptocurrencies either for the good reasons or bad ones, we are going to see how it plays out.
hero member
Activity: 826
Merit: 1004
You can't lose hope there will surely be a day when exchanges will return despite all the delays in implementing regulation, tax china is surely looking for a way on how they can profit from exchanges. If they wanted they could have even banned mining but the revenue earned from mining by the government is really high maybe by end of this year exchanges will return if it doesn't then what you are saying is right.
sr. member
Activity: 644
Merit: 263


Cryptocurrency exchanges have been banned in China for more than a month already. Though there are rumors about the Chinese government

legalizing cryptocurrency exchanges sometime in the future. But then again, these are only rumors.



Yup the whole china itself is rumour I believe, but no offence at all.


They always made the market fluctuate like crazy and always have been artificial on the market. This disturbed the way prices of bitcoin where until last month. They had amazing power of the mining bitcoin but they lost it in the long run after the ban.


Cryptocurrency exchanges where closed down and thats why we saw down movement of the bitcoin in the last month. Thats not rumour by the way, what is rumour is they might start up again, so yeah it could fluctuate us again by pumping the prices, hopefully.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Cryptocurrency exchanges have been banned in China for more than a month already. Though there are rumors about the Chinese government
legalizing cryptocurrency exchanges sometime in the future. But then again, these are only rumors.
newbie
Activity: 44
Merit: 0
Cryptocurrency Exchanges Officially Dead In China?
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