Another China “Ban” Today’s news is yet another China ban on bitcoin and cryptocurrency. According to a Q&A statement on the People’s Bank of China’s website, China said services offering trading, order matching, token issuance, and derivatives for virtual currencies are strictly prohibited. They also highlighted that overseas exchanges providing services in mainland China are illegal, and that workers at foreign crypto exchanges will be investigated.
The Daily Dive #067 - China Bans And Game Theory
The Daily Dive #067 - China Bans And Game…
The Daily Dive #067 - China Bans And Game Theory
Another China “Ban” Today’s news is yet another China ban on bitcoin and cryptocurrency. According to a Q&A statement on the People’s Bank of China’s website, China said services offering trading, order matching, token issuance, and derivatives for virtual currencies are strictly prohibited. They also highlighted that overseas exchanges providing services in mainland China are illegal, and that workers at foreign crypto exchanges will be investigated.