HOT NEWS: China will totally prohibit cryptotrading

in crypto-news •  7 years ago 

China will completely prohibit the trade in crypto-currencies and ICO, including blocking access to foreign websites providing relevant services. This is reported by Financial News, affiliated with the People's Bank of China:

http://www.scmp.com/business/banking-finance/article/2132009/china-stamp-out-cryptocurrency-trading-completely-ban

Thus, the PRC financial authorities once again hinted at an early ban on crypto-currency, and in a much more severe form than before.

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Good for them . More crypto for us !

The main thing that Bitcoin did not collapse

Oh, why? what is the problem?..why china want to ban cryptocurrency how it will affect them?..and is that mean will affect the cryptocurrency market as well ?...will drop again?

What will be the Result?
will BTC be in high-rate?