Fake News: China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
I just came across this news article claiming crypto has been legalized in China.
According to the post it is now legal tow own cryptocurrency and for businesses to accept them.
That would seem a huge reversal and open the door for exchanges in china again.
Can anyone confirm this? It seems like huge news ro me that ought to move the needle quite a bit
Update
Thanks to @vimukthi for pointing out that this is not really correct. I was wondering why this was not bigger news.
Unfortunately it's not true: https://tokengraph.org/2018/11/10/chinas-lifting-of-bitcoin-ban-is-fake-news/
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If that's true it will be a huge boost across the whole crypto world. I'm sure we will see a lot more about it today if it's confirmed.
Indeed
China was just waiting for the right low price to grab a bunch of Bitcoin. China wants control of the future coins
Or maybe it is trying to make sure its citizens grab a bunch of BTC at the right price
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This particular news has given me so much joy today already. I am confident of the fact that one day, Bitcoin and blockchain will change the world drastically.
Thank you @knircky
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