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RE: China Crypto Regulations: Fears vs Facts
I hope the effect of the China "exchange ban" rumor wears off soon, as the ICO ban did. It seems that China really likes to manipulate currency, and just started to step into the cryptocurrency market. Hopefully the spread of the DEX will help Chinese people access/trade cryptos if the ban is true, and if it's not, even better!
Thanks for writing a great and informative post. Resteemed!
Oh. What's DEX? I wish the spread of the DEX can help Chinese people access/trade cryptos if the ban is true. Common Chinese live in a very closed environment, very ignorant!
DEX stands for decentralised exchange. This would be something that authorities have no influence over.
Oh. I c. Thank you. DEX(Digital currency) is really wonderful.
Cheers buddy. The Chinese have a habit of doing this to the crypto market (or I should say the bitcoin market in the past). Not very surprising therefor and you can see quite a few people already taking the news with a pinch of salt when it come from there.