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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (608)1/15/2018 10:07:27 AM
From: elmatador  Read Replies (1) of 13775
 
It seems that the Chinese government is determined to completely eradicate the crypto business.

China Might Escalate Crackdown on Cryptocurrency Trading


According to Bloomberg’s unnamed source, the authorities will block domestic access to all Chinese citizens as well as the international platforms offering cryptocurrency trading services.

According to a leaked report, an order has been issued to local governmental bodies to limit the amount of electricity allotted for the mining of cryptocurrency along with limitations on land use, tax, and environmental protection, thus finally forcing mining businesses to make an “orderly exit.”

financemagnates.com
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