What is China government upto?

[zhaviabieber405]

Who knows, I don't trust any government, definitely not the chinese one.

[AlbertoMelo]

I think they were only behind the bad guys and scammers who were collecting money disguising as new ico projects, sooner or later china will be fully legalizing the real crypto assets as the largest mining units are working from china and also chinese provide huge volume to overall crypto market, so the real coins are projects are going to be ok in China and all over the world.

looks like a reasonable way to understand it.
Hope it won't take.much longer

[Zeleznyak]

China is the first country to have a government that provides crypto ratings. It is quite shocking as it is the same country where people are banned from using it. Are they going to change how crypto works in china? Bring some regulations?

Read the complere article here : https://coinfrenzy.io/chinese-government-crypto-rating/

I heard that they want to start executing for the fact that someone is mining cryptocurrency, though I do not know the truth or not I do not remember where it is read in General. But if that's the case, I don't think anyone's gonna think of putting a farm in their house.

[Zeleznyak]

I heard that they want to start executing for the fact that someone is mining cryptocurrency, though I do not know the truth or not I do not remember where it is read in General. But if that's the case, I don't think anyone's gonna think of putting a farm in their house.

[biskitop]

they do the right thing. they reject crypto because it's a cryptic price, but they support the technology behind crypto, which is blockchain and they want to develop it. do not be surprised if they rated on crypto, because their main purpose is blockchain.

[elncrow]

China is and always had been a crypto friendly country. For this it has published a crypto rating which will make a lot of people enthusiast about cryptocurrency and will help the investors to decide where they should invest next. I appreciate this very much and hope that all other countries will also come out like China and work together to make the market even better.

[waiki]

There are no ban for cryptocurrency in China. The only thing banned in this country is ICO project because of so many scam ICO project appeared so they just wanna protect their investors. Very soon, China will legalize cryptocurrency as their main local currency - Yuan.

China is a fast growing and developing country, China is beginning to think that cryptocurrency can be beneficial for its country, so they will legalize cryptocurrency.

[asriloni]

China is the first country to have a government that provides crypto ratings. It is quite shocking as it is the same country where people are banned from using it. Are they going to change how crypto works in china? Bring some regulations?

Read the complere article here : https://coinfrenzy.io/chinese-government-crypto-rating/

I have to say, this rated can't affect the decision from the regulators. I guess there is no relationship with the government. This is only ratings but I glad to see ethereum at the number one of the rating list.
Until the PBOC will try to change its percenption to the crypto and there will be no change.

[xenomorphe1]

If you look carefully, at least half of the new ICO are from Chinese companies. They want to become the number one in every domains.

[3kpk3]

China is and always had been a crypto friendly country. For this it has published a crypto rating which will make a lot of people enthusiast about cryptocurrency and will help the investors to decide where they should invest next. I appreciate this very much and hope that all other countries will also come out like China and work together to make the market even better.

Are you kidding? You actually feel that China is a crypto friendly country? This is the same country that repeatedly banned cryptocurrencies on various occasions for their own reasons. China will never fully embrace crypto in my opinion. They have obviously understood that it is not possible to ban crypto completely which is why they are trying to regulate it now. Their ratings are stupid and I don't agree with them at all since Bitcoin is the number one cryptocurrency.