40+ China Bans Bitcoin PNG. Us companies are pouncing on the opportunity in cryptocurrencies, with square's. The post central bank of china bans crypto trading for institutions and businesses appeared first on coingape.
The global bitcoin bull run has revived cryptocurrency trading in china. Or, what if china bans crypto mining altogether? China has banned financial institutions and payments companies from offering bitcoin services to clients, including registration, trading, clearing and settlement, reuters reported.
To get to the core of the issue with these frequent china bans bitcoin articles and the most recent china bans crypto reuters article, let us take a look at china's bitcoin regulation.
Or, what if china bans crypto mining altogether? Bitcoins are issued and managed without any central authority whatsoever: China will likely ban all bitcoin mining soon country's top financial regulator homes in on the source. Put simply, the chinese regime has long had regulations that do not look too kindly on crypto.