https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#47593d737929 My thoughts - China want's to be a leader in Blockchain technology. A ban on bitcoin and exchanges will hinder this goal - China has banned bitcoin multiple times yet bitcoin trading was resurrected - Like the article said, the ban may be temporary due to the upcoming Communist Party Convention which is highly scripted and organised. I don't see any reason why exchanges can't get licenses to operate and gather additional information from their clients before allowing them to buy and trade cryptos - The price of bitcoin can't be further be affected my China, regardless of the outcome. There can only be positive news coming out of China now.
| author | cryptotanalysis |
|---|---|
| permlink | why-china-s-ban-on-bitcoin-may-be-temporary |
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