China is going to legalize Ethereum soon.

[pynetx]

Chinese love Chinese things so, they make a clone of everything rest of the world is using. That's how ANT was born.

[tittensor]

Maybe in this week, after hot trend LTC in the first days of the week, Ethereum will continue the trend and going to top 1 volume in weekend . Just my guess but I hope this is true

[kurniawaN]

This is indeed good news for Ethereum.
But I do not trust ether too much with their ICO

[asdalani]

Maybe in this week, after hot trend LTC in the first days of the week, Ethereum will continue the trend and going to top 1 volume in weekend . Just my guess but I hope this is true

China says a bunch of things, the progress where they announce things about Bitcoin in the most positive view is very slow compared to the other Countries that are already talking about legalizing Bitcoin. If China does legalize Ethereum then it would make their view on Bitcoin a little weird.

[13abyknight]

This is a positive note for Ethereum and the whole altcoin market. Not too far off we'll see more and more countries and businesses accepting a wider range of altcoins which is a great boost for the whole industry.

[INRI666]

If China is going to legalize ETH then what about ETC? Technically they're the same, so there might be an argument that ETC could get automatically legalized too. What if there are future splits in Ethereum?

[MostHigh]

If etherum is legal in china now will it affect tokens on ETH.

[jeraldskie11]

Chinese government decided to legalize ethereum in their country soon, On May 27, Huobi, one of the three leading bitcoin exchanges in China alongside BTCC and OKCoin, officially integrated support for Ethereum trading. The Huobi development team announced that users will be able to trade Ethereum starting from  May 31.
Do you think that ehtereum will cross bitcoin soon??

https://www.cryptocoinsnews.com/china-waking-ethereum/

Wow, that's great. People in china now are very happy of that good news because they can easily withdraw their money by converting ethereum into real money without using bitcoin so now we all know that ethereum is the next of bitcoin.

[ipanks]

so ethereum will have strong back up than before and the price will be increase more. i think this is why there many new project with based on ethereum. but i don't think that ethereum will be cross bitcoin because ethereum needs more power to do this and i think they can't. but its depend on how market will react about this especially in huobi market as we know that huobi is the largest market in china beside of okcoin.

[PanneKopp]

in china SCAM is legal for ages

[giveen]

Finally some good news for eth which has been really low after the hoax. I don't know if you all find this funny but earlier when bitcoin was on a peak of reaching 1000$ how china had quickly resisted it by saying investing in bitcoin was risky which always made china investors panicing and price fell and now they are adopting eth which is next best after bitcoin. I do feel there is a catch to this but eventually it will help the price recover within few months.

[PanneKopp]

Finally some good news for eth which has been really low after the hoax. I don't know if you all find this funny but earlier when bitcoin was on a peak of reaching 1000$ how china had quickly resisted it by saying investing in bitcoin was risky which always made china investors panicing and price fell and now they are adopting eth which is next best after bitcoin. I do feel there is a catch to this but eventually it will help the price recover within few months.

hehe - remeber this when ETH-block chain stucks in the ice-age about 01/2018

[HardFireMiner]

Re: China is going to legalize Ethereum soon.

Soon ™

[Fatunad]

Chinese government decided to legalize ethereum in their country soon, On May 27, Huobi, one of the three leading bitcoin exchanges in China alongside BTCC and OKCoin, officially integrated support for Ethereum trading. The Huobi development team announced that users will be able to trade Ethereum starting from  May 31.
Do you think that ehtereum will cross bitcoin soon??

https://www.cryptocoinsnews.com/china-waking-ethereum/

What a great news for those People who holds Etherium, I was surprised that China do legalize ETH than Bitcoin and its really a good innovation and we should really expect price increase on ETH when this even would happen. ETH can really possible cross bitcoin but it would really takes time. People do think of on competition between this two coins but i would say it isnt needed and we should be glad since we do really have some options.

[Rhosadah]

Good news for cryptocurrency
Where ethereal is a new service in crypto, now it has its own market.
I am convinced that the opening of ethhereal trading market in China will be followed by other countries and make ethereal to its peak.
To pass the bitcoin I think it's really hard for ethereal in the near future,
But in a few years it will be a bitter rival for bitcoin.

[niisarearning]

Even though it's a old news but I found platform or website where I can read about cryptonews after may only ethereum pumped too much . I could have read article it's really good move.but crossing bitcoin I don't think it's possible with ether.

[Bezobraznike]

   Ethereum has been enjoying an exponential growth in this year, but this news is a bit pumped. Recently I read articla how Chinese
government revealed that it is in discussions to launch its own digital currency, before that they wanted to adopt bitcoin, nothing happened,
Chinese are playing some games with alt-coins.
   If China legalize Ethereum that can be a huge boost for Ethereum, China is big country, they have strong exchange site, many people involved
in mining different alt-coin. I will not believe in this until I see it happening, with Chinese anything can happen, what stops them from making their
own alt-coin?

[mikebacker]

This may help ETH without a doubt but ultimately a Chinese based company will end up ruling china. I have quite a few friends in China and all of the talk is about Antshares/Neo. Chinese like to support Chinese products and innovation, partly due to national pride and supporting "local", mostly due to government regulation. Ever try to use facebook with someone from China?? I'm invested into both so either way let it rise.

[Mazt rhiezt]

The news is a bit strange because some time ago china resisted the existence of bitcoin and now want to adopt ethereum.
This is one of China's tactics in rejection which is a decrease in bitcoin value.
Very clever and will definitely have a big impact on ethereum, so increasing the value of ethereum will affect the diminished value of bitcoin.

[unusualfacts30]

China has been using Bitcoin way before ETH. I don't think ETH price is crossing bitcoin price anytime soon. Bitcoin is way more famous than ETH. We'll have to see how well ETH holds once market settles down in September