You May Not Engage In Any Crypto Exchange, Crypto-To-Crypto Or Crypto-To-Fiat

in #ico • 7 years ago (edited)

china-stock-market.jpg
September 4, 2017

1.) China's crackdown on "ICO's" may be much more serious then how the public is taking this matter. The wording of the crackdown potentially making all cryptocurrency trading illegal.

2.) For those who are not from the region say the government is not looking to crackdown on digital currencies like bitcoin and ethereum.

3.) Chinese monetary regulators say "Cryptocurrency related exchanging and trading activities are officially forbidden. If you interpret the law literally then you cannot engage in any crypto exchange — crypto-to-crypto or crypto-to-fiat."

trueFENDY

Was seen first at http://www.businessinsider.com

Via image https://www.google.com

#ethereum #bitcoin #blockchain #ban
7 years ago in #ico by
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