China Stops over 120 Offshore Digital Currency Exchanges
blocking is not stopping.
they have no jurisdiction to stop anything outside of their own country. and the great firewall of China has been blocking millions of other websites too.
Over the past year, nearly 90 different cryptocurrency exchanges and about 85 ICOs have been shut down in China.
what the hell? China had 90 exchanges?!!! when? where? there were only 3 big exchanges and a handful of small ones that nobody ever used.
as for ICOs, they are being banned all over the worlds. it has nothing to do with bitcoin.
The yuan-bitcoin trading pair has also dropped from 90 percent to less than 5 percent of the world’s total bitcoin trades.
the "trading pair" was removed by the closure of exchanges, it didn't drop! people are still trading bitcoin with their Yuan, the difference is that where they trade doesn't have a public page reporting the volume