China's suspension of local currency trading platforms is just a rumor

Yesterday's biggest news was that China was blocking all local currency exchange platforms. As expected, this information is completely false, or at least in terms of key exchange platforms. It is clear that some small platforms are closed due to the decision to ban China's ICOOs. However, this does not affect major companies such as Huobi, BTCC, and OKCoin. It is clear that this phantom news has been sent to form a major shock shaking the entire community again. This is not the first time this has happened, as there is some confusing news about the currency of the Bitcoin in China. Moreover, the recent ban on currency support operations "ICOs" has caused a lot of confusion in the market as well. Contrary to what some media claim, China has no intention of banning the digital currency itself, but rather simply imposing some regulation on the market. It has also not closed the digital currency exchange platforms at this stage. In addition, it has not yet been known who published these phantom news, but it has really created a lot of confusion and volatility in the market. Because of these false rumors, the price of the Bitcoin yesterday suffered a heavy blow that led to the decline of the price again.