China plans to kill all remaining cryptocurrency commerce within the country

in #cryptocurrency7 years ago

China plans to kill all remaining cryptocurrency commerce within the country by interference access to overseas-based websites and removing connected applications from app stores.

The moves were printed during a report Sunday by money News, a publication beneath the People's Bank of China, that aforementioned the aim was to snuff out the "dying cinders" of cryptocurrency commerce and initial coin offerings "which square measure glowing once more".

Faced with Chinese voters WHO still trade cryptocurrency on platforms operated on the far side the country's reach, or participate in initial coin offerings, authorities can "ratchet up oversight during a sustained manner", the report aforementioned.

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Orginalwork is now on the sidelines

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Why China do this? Are there greedy ones behind its goverment? China is now more like Iran long ago, who blocks the internet and change it with intranet.