You are at: Home » Bitcoin bans » 2018 » ‘China to eliminate all cryptocurrency trading with a ban on foreign exchanges ‘ – Business Insider | $7,701.79

China has previously taken steps to curb cryptocurrency trading in the country, but recent moves may eliminate trading in the country completely.

A news publication affiliated with the People’s Bank of China (PBOC) said in an article on Sunday that it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites, the South China Morning Post reported.

China already banned bitcoin exchanges in late 2017 as a way to stem online trading, but the attempt failed to eliminate cryptocurrency trading completely.

“ICOs and virtual currency trading did not completely withdraw from China following the official ban,”  the article said, according to SCMP.

Source

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.

Leave a Comment

Your email address will not be published.

Scroll to Top