China’s crackdown on cryptocurrency trading – a sign of things to come
- Written by Andrew Godwin, DIRECTOR OF STUDIES, BANKING AND FINANCE LAW, University of Melbourne
An illustration photo of Bitcoin (virtual currency) coins ReutersThe Chinese government’s decision to order several Bitcoin and other cryptocurrencies exchanges to close shows how much of a threat they are perceived to be to financial stability and social order in China.
The decision to also ban initial coin offerings altogether (the...
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