China lifts ban on cryptocurrency

[DominickA86]

I do not think that this information was confirmed by someone. Maybe they are investing a lot of money into blockchain technology but they still have banned all crypto currencies and initial coin offerings.

[Aptekary]

I do not think that this information was confirmed by someone. Maybe they are investing a lot of money into blockchain technology but they still have banned all crypto currencies and initial coin offerings.

I never doubted the Chinese government. Lol, these guys are an expert in economic development and if the cryptocurrency is a very important factor on the path of enrichment, then China will never resist it.

[Krium project]

this is a very important change.
not allowing more than a billion people to invest in cryptocurrencies limited the market a lot. Obviously if they have made such a decision it is because they too will benefit

[deztroyr1]

sadly many Chinese people are not aware of this ban lift. they think that it is illegal and that they will get in trouble for trying to buy it

[pandanaran]

I hope this news brings Crypto to a better level because Crypto is growing very large in developing countries like China with large productivity.
Hopefully people use Crypto for good things like investing and transferring official products. in my opinion the market is long enough to rise dramatically.

[Slavyanskiy]

Yes, the news is really positive, we hope that this news will positively affect the market as a whole. And the growth of prices for coins will begin soon.

[Baimovic]

That is a good thing, but it may not last forever because they want to regulate the market.
For me it is not surprising because this is not the first

[gregall]

This is great news for a country that seems to always want to be ahead of the game in technology. It'll be cool to see which platforms become integrated with AI and IoT. I only know of one so far, MOAC but would be interested in learning other.s

[Belianez]

A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.

Well, I think crypto currency can not be banned anywhere, since the blockchain is not tied to one place , and who will always want to use the crypto currency , I doubt that this news can affect the market at all!

[vgk88]

I think that China will actively implement the blockchain, but at the same time the government plans to strictly regulate it. I do not think that China will allow cryptocurrency in the near future.

[melomanskiy]

Apparently, this news did not particularly affect the growth rate) But a notable dump took place on those dates. It is good that now we are starting the way up. Good luck to the whole crypto community.

[Kirito-kun]

China, having the largest population, has a great factor in crypto industry. Also to mention that China has a lot of business sectors that can be further expanded by cryptocurrency.

[JayCue]

If this is true, then it should give a big impact in the cryptocurrency market and everybody should I guess will expect for the coming bull run.
Also, if you could please provide us the links to this news.

[joinfree]

It would have been great if you had added a source to actually prove the authenticity of this news because the legalization of crypto activities in China can turn things around. For all we know it could even help change the concepts and views of other countries who have placed bans on cryptocurrencies to lift it because China is now one of the economically powerful countries in the world.

[lunafreya nox]

China, having the largest population, has a great factor in crypto industry. Also to mention that China has a lot of business sectors that can be further expanded by cryptocurrency.

I don't see any effect of this to the market when it happened. Ore there will be something that will yet to happen?

[Kirito-kun]

China, having the largest population, has a great factor in crypto industry. Also to mention that China has a lot of business sectors that can be further expanded by cryptocurrency.

I don't see any effect of this to the market when it happened. Ore there will be something that will yet to happen?

China has a tremendous power over the world economy, especially right now. Even the US Dollar is struggling with it. So what more could it do to this industry. That country has enormous man power and critical minds for creating new technology. I won't be surprise if there would be a lot of Chinese cryptos that will be out soon in the market. Nevertheless, it is also essential to look at this industry holistically or the bigger picture. We all want to grow in this market and make earnings that we deserve so let's support each other as much as possible. I like participating in various events of coins and sometimes I won small tokens and prizes from them. Currently, I joined the event of Bitrus since the prizes are promising plus the exchanger is also live right now. This is one of the projects that I looking up to and excited to what more to come.