China Blocks Foreign Crypto Exchanges

[cryptwon]

China is aiming to block all websites related to cryptocurrency trading an ICOs. Read more here :

https://cointelegraph.com/news/ban-complete-china-blocks-foreign-crypto-exchanges-to-counter-financial-risks

[00DKM@]

Well, China has come up with rules to block sites related to bitcoin trading. This is the main factor impacting today's bitcoin prices, bitcoin prices fell below $ 7,000. I think prices will continue to fall. Perhaps in the future, there will be more countries banned bitcoin. I think we should stop and should not invest in bitcoin right now.

[adamlillian]

Yes, that news has spread throughout the bitcointalk forums. That really has a huge impact on the crypto market. I am really sad when bitcoin goes down. I have suffered a lot of losses just because the Chinese government has introduced the policy of blocking transactions related to cryptocurrency.
I think we should invest in other altcoins instead of just investing in bitcoins.

[Brian Goldman]

China will add offshore cryptocurrency exchanges and ICO websites to its Great Firewall, the South China Morning Post reported Monday, reported Feb. 5, quoting a publication affiliated with the People’s Bank of China (PBoC).

Regulators in China reportedly voiced dissatisfaction with current measures restricting trading on domestic exchange sites, coming to a decision to block foreign sites as well to counter “financial risks”.