China Moving to Block Cryptocurrency Trading PlatformssteemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

According to Reuters China is targeting trading platforms that allow centralized Cryptocurrency trading. While this is clearly a step in the wrong direction from our perspective, it may not have a huge market impact, given this is not the first time China has targeted Crypto, ie. ICO's, yet they never really managed to shutdown anything.

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https://www.reuters.com/article/us-china-bitcoin/china-to-block-cryptocurrency-platforms-that-allow-centralized-trading-bloomberg-idUSKBN1F41G9?il=0