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3232Chinese Officials May Reverse Ban on CNY-Based Cryptocurrency Trading
https://www.digit.info/chinese-officials-may-reverse-ban-on-cny-based-cryptocurrency-trading/
Sat, 02 Jun 2018 14:00:04 +0000https://www.digit.info/2018/06/02/chinese-officials-may-reverse-ban-on-cny-based-cryptocurrency-trading/Read more]]>China remains a very peculiar country when it comes to Bitcoin and other cryptocurrencies. Despite the government issuing a ban on CNY-based trading a while ago, it seems there is still a very tangible interest in cryptocurrencies. In fact, it seems the Chinese government might reverse its stance on this form of money fairly soon. What is Happening in China? Ever since China’s government and central bank declared a ban on the CNY-based trading of cryptocurrencies, a lot of things have changed. First of all, China no longer plays any role of importance in the cryptocurrency industry, which is only to be expected.
China remains a very peculiar country when it comes to Bitcoin and other cryptocurrencies. Despite the government issuing a ban on CNY-based trading a while ago, it seems there is still a very tangible interest in cryptocurrencies. In fact, it seems the Chinese government might reverse its stance on this form of money fairly soon. What is Happening in China? Ever since China’s government and central bank declared a ban on the CNY-based trading of cryptocurrencies, a lot of things have changed. First of all, China no longer plays any role of importance in the cryptocurrency industry, which is only to be expected.