China clamps down on cryptocurrency speculation, but not

[dianadsouza]

China continues to embrace blockchain [nofollow] even though it banned cryptocurrency promotions and initial coins offerings (ICOs).

China have suggested that the country is very much determined to cripple crypto-related activities within its boundaries. One such event is the announcement by Beijing’s Chaoyang District on August 17. It reveals that cryptocurrency promotional events are not for hosting by business centers in the districts. Later in the same month, a similar ban was announced in one of the zones in Guangzhou.

[emjay825]

Double standard din ang China, lahat ng tungkol sa Bitcoin at Cryptos, pati ICO at exchanges banned o ginawang illegal, pero ang pagmimina ng Bitcoin at ibang mga cryptos di bawal. Legal sa China ang Bitcoin dahil sa kanila ginagawa ang mga ASIC Mining Hardware at doon din sa kanila (sa Beijing) naka-headquarter ang Bitmain (gumagawa ng ASIC Miner), https://www.bitmain.com/about ang may ari si Jihan Wu, batang-bata na multi-bilyonaryo.

Ang isa pang nakaka-intrigang balita, bago nila ibenta sa buong ang mga mining hardware ginagamit muna nila ito sa pagmina (secret mining" kung tawagin sa China. Simply Google, bitcoin secret mining in China para may idea kayo.

     

ANTMINER