Bitcoin Forum
October 17, 2019, 09:25:54 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-08-24] China generally recognizes cryptocurrencies as a financial instrume  (Read 58 times)
voicefromabove
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
August 23, 2018, 11:36:47 PM
Last edit: August 23, 2018, 11:48:23 PM by voicefromabove
 #1

Following the yesterday's ban of advertising cryptocurrencies in the only district of Beijing (followed by the dump of Bitcoin, thx to mass media and stupid traders), the Chinese government issued another order, the essence of which is that the Chinese government generally recognizes cryptocurrencies as a financial instrument, but requires separate regulation of each coin.

https://pictr.com/images/2018/08/24/07UPhl.jpg

https://twitter.com/HoneyBadgerCap/status/1032759718719172610
1571304354
Hero Member
*
Offline Offline

Posts: 1571304354

View Profile Personal Message (Offline)

Ignore
1571304354
Reply with quote  #2

1571304354
Report to moderator
WEEKLY BONUS Unlimited Faucet&Fastest Dice PLINKO DICE CRASH ROULETTE PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571304354
Hero Member
*
Offline Offline

Posts: 1571304354

View Profile Personal Message (Offline)

Ignore
1571304354
Reply with quote  #2

1571304354
Report to moderator
1571304354
Hero Member
*
Offline Offline

Posts: 1571304354

View Profile Personal Message (Offline)

Ignore
1571304354
Reply with quote  #2

1571304354
Report to moderator
1571304354
Hero Member
*
Offline Offline

Posts: 1571304354

View Profile Personal Message (Offline)

Ignore
1571304354
Reply with quote  #2

1571304354
Report to moderator
dreamhouse
Hero Member
*****
Offline Offline

Activity: 1069
Merit: 666



View Profile
August 24, 2018, 05:58:23 AM
 #2

With trade war with US, Chinese government is in big trouble, they are seeking different ways to get out, thus may have weird policies in place to play with.

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.....DeepVault.....
....Blockchain File Signatures....
...deeponion.org...
Leyss
Member
**
Offline Offline

Activity: 560
Merit: 12


View Profile
August 24, 2018, 12:14:03 PM
 #3

A very strange order of the Chinese government. Previously, they said that they adopted a two-year program to completely ban decentralized crypto currency. Have they changed their minds and will still regulate the decentralized crypto currency and admit its circulation in their country? An interesting turn of events. If this is so, then little by little China should again join the world of crypto-currency. This also means that they have not found their own way in the crypto currency.

rodskee
Full Member
***
Offline Offline

Activity: 742
Merit: 101



View Profile
August 24, 2018, 02:33:43 PM
 #4

China governmnet realize cryptocurrency help for country economic
China is one of the biggest cryptocurrency involvement before to government decide to ban all crypto related matters.


Kemarit
Legendary
*
Offline Offline

Activity: 1414
Merit: 1160


WOLF.BET - Provably Fair Dice Game


View Profile
August 24, 2018, 05:23:19 PM
 #5

A very strange order of the Chinese government. Previously, they said that they adopted a two-year program to completely ban decentralized crypto currency. Have they changed their minds and will still regulate the decentralized crypto currency and admit its circulation in their country? An interesting turn of events. If this is so, then little by little China should again join the world of crypto-currency. This also means that they have not found their own way in the crypto currency.

I have a feeling that this is just another fake news coming from China. They already make their U-turn and even headlines it a very successful. How can they will make such announcement? Again, it looks like China is trying to stay relevant in the crypto sphere, but don't forgot that they went and completely went on the opposite side of the fence. So don't jump for joy, its too early to say but I have a hunch that this is pure FUD again.

.WOLF.BET.
▀  ▀▀▀▀▀▀
  ▀ ▀▀▀
 ▄ ▄▄▄   
  ▄ ▄▄▄
▄  ▄▄▄▄▄▄
        ▄▄▄▀▀▀▀▄▄▄
    ▄███▌        ▀▀▄
  ▄▀   ▐█████████▄  ▀▄
 ▄▀  ▄█████████████▄  █
 ▌  █████████████████  █
▐  ████████████████ ▄█
█  █████████████████████▌
▐  ██████████████████ ▀█▌
 ▌ ▐█████████████████▌ ▐▀
 █  ██████████████▀ ▄▀
  █   ███████████▀  ▄▀
   ▀▄▄██ ▀▀▀▀▀▀▀  ▄▄▀
     ▀██▄▄▄▄▄▄▄▄▀▀▀
▄███████████▄
███████    ████████████▄
███████    ███████   ▀██
██████████████████    ██
██    ██████████████████
██    ███████    ███████
█████████████    ███████
███████    █████████████
███████    ███████    ██
██████████████████   ▄██
██        ▀███████████▀
██
██
      ▄█▄         ▄█▄
 ▄██ ███ ███████ ███ ██▄
▐███▄ ▀ ▄███████▄ ▀ ▄███▌
▐█▌▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐█▌
▐█▌   ▄▄▄▄▄▄▄▄        ▐█▌
▐█▌   ████████        ▐█▌
▐█▌       ███     ▄▄▀▀▀██▄
▐█▌      ███    ██▀      ▀█
▐█▌     ███    ███         █
▐█▌    ███     ███          █
 ██▄           ███▄         █
  ▀█████████████████▄     ▄█
                  ▀▀█████▀▀

████
██
██
██
██
██
██
██
██
██
██
████


.AFFILIATE PROGRAM.
   ...FREE FAUCET........
..CHAT RAIN.............
Bamsed
Member
**
Offline Offline

Activity: 120
Merit: 10


View Profile
August 24, 2018, 06:41:35 PM
 #6

With trade war with US, Chinese government is in big trouble, they are seeking different ways to get out, thus may have weird policies in place to play with.

Hope they will adopt the bitcoin to compete with US.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!