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China crypto currency regulation status

China bitcoin Placeholder
China bitcoin
Current Regulatory stands:
  • Mining (Hostile)
  • centralized exchanges (Hostile)
  • ICO (Hostile)
  • P2P bitcoin trading (permissive)

China was the biggest Bitcoin market since the start of bitcoin in 2009. Although rumours spread constantly of a regulatory crackdown on Bitcoin and cryptocurrencies, in the middle of 2017 these rumours became fact. First ICO`s were forbidden, within 3 months Centralized exchanges were regulated and went offline and Mining operations became illegal. Peer 2 peer bitcoin trading is still happening a lot but with the crackdown any transparency of trading volumes has vanished.

Do you have information that can improve this page, please leave a comment or contact us. (last updated: 17/12/2017)

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