China will be Lifting the Ban on Crypto soon. [Discuss]

nuls_com_sg

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285
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#1
I personally know I have been waiting for China to lift their ban since November 2017 :ROFLMAO:

This is pure speculation, but what do YOU think?
 

NULS Aurora

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5
#4
Hi! Want to share a news that I saw recently:The People's Bank of China issued the China Financial Stability Report 2018, which lists topics related to encryption assets. The central bank pointed out in the report that encrypted assets are a kind of private financial assets, and their value is mainly based on technologies such as cryptography and distributed accounting. The cryptocurrency is not issued by the authorities, does not have monetary attributes such as legal and mandatory, and does not have legal status equivalent to currency.
 

nuls_com_sg

Administrator
Points
285
Staff member
#5
Hi! Want to share a news that I saw recently:The People's Bank of China issued the China Financial Stability Report 2018, which lists topics related to encryption assets. The central bank pointed out in the report that encrypted assets are a kind of private financial assets, and their value is mainly based on technologies such as cryptography and distributed accounting. The cryptocurrency is not issued by the authorities, does not have monetary attributes such as legal and mandatory, and does not have legal status equivalent to currency.
Thanks for the insights.

I think we would all love to know if/when China would decide to allow open buying and selling of BTC again.
 
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