It is not any FUD china is baning his citzens from any acces ,from any locations to crypto trading
#China to launch further crackdown on crytocurrencies, targeting domestically registered OTC trading platforms, peer-to-peer networks, and domestically registered firms providing centralized trading services via overseas platforms, reported Securities Times citing govt sources.
Even OTC patform
https://twitter.com/YuanTalks/status/953477226581798912In a case of Korea ,Korean exchanges temporary lost banks support untill kyc law will be not ustablished
Bank support will be back at 20 jan
It may hurt edg a little,becouse less support from Uobit,what is biggest volume korean exchange
But look bittrex and that huge fake sell orders at 18k.Finally will be removed and edg wil fly
Edg is wort for me 2.50 -3 $
Count how much in btc
Remember edg will share 40% of his profit enough to cover loses
In fact edg in that blood beath is performing quite well
But btc and big cryptos and all that shitcoins have big problems