According to Jihan Wu China became tougher due to Bitcoin Regulation, but not complete ban. – Bitcoints

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Published on September 15th, 2017 | by bitcoin

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According to Jihan Wu China became tougher due to Bitcoin Regulation, but not complete ban.

There are also rumors about the possible shutdown of all local Bitcoin exchange platforms in the country.
#BREAKING [Exclusive] #China regulator: all #Bitcoin trading platforms will be shut down in the near future!
#cryptocurrency pic.twitter.com/iLCHaPDBjJ
— Yicai Global 第一财经 (@yicaichina) September 14, 2017
In his tweet, Chinese Bitcoin mining hardware firm Bitmain co-founder Jihan Wu, however, claimed that the rumors hint of tougher regulations and temporary closures, rather than an outright ban.
Some established China Bitcoin exchanges stop operation right now does not mean that they cannot open again once with license.
There’s still no definite clear warning or threat that individual Bitcoin traders will be slapped with criminal charges by the government.

Source: Cointelegraph.com



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