the news is today 05/2/2018
https://cointelegraph.com/news/ban-complete-china-blocks-foreign-crypto-exchanges-to-counter-financial-risks
China will add offshore cryptocurrency exchanges and ICO websites to its Great Firewall, the South China Morning Post reported Monday, reported Feb. 5, quoting a publication affiliated with the People’s Bank of China (PBoC).
Regulators in China reportedly voiced dissatisfaction with current measures restricting trading on domestic exchange sites, coming to a decision to block foreign sites as well to counter “financial risks”.
In January, a fresh crackdown from Beijing saw fringe trading platforms such as P2P and over-the-counter resources banned, adding to a blanket embargo on crypto-to-fiat trading and ICOs in place since September 2017.
At the same time, mixed signals have been given over the status of cryptocurrency mining, while Monday’s website block comes after Cointelegraph reported that ads relating to cryptocurrency had all but disappeared from domestic sites in China.
Now lawmakers say they wish to counter contingency moves from traders who sought to circumvent the trading ban by using foreign platforms
Topic: It' s really over : China Blocks Foreign Crypto Exchanges (Read 130 times)
Jump to: