China State News Calls For ‘iron Fist’ Regulation Of Bitcoin Exchanges

29/06/2019  · June is coming to an end and Bitcoin still remains the most profitable asset of 2019 till now. BTC, as a matter of fact, is the best investment of the last decade. In these past six months, the price of the world’s leading cryptocurrency with a market capitalization of $209 billion went from about $3,750 to the current $12,142, though the highest point has been $13,900.

Bitcoin News; China Set to Totally Ban All Forms of Crypto Mining. April 9, 2019. 3910. Share. Facebook. Twitter . ReddIt. Telegram. Pinterest. WhatsApp. Advertisment. China’s National Development and Reform Commission (NDRC) is reportedly making moves indicating that it has plans in motion to put an end to all forms of crypto mining in the country. NDRC Seeks Public Opinion on Guiding.

China's ICO Situation Just Got WAY Worsecomplete bans and increased regulation 15 Sep China bans CRYPTO EXCHANGES 1 Jul Delaware House Passes Historic Blockchain Regulation 1 Aug Singapore Govt. cautions against ICOs 1 AUG Bitcoin Cash Splits from Main BTC Network 3 Sep Paris Hilton Endorses Lyndian Coin 19 Jul $30M Lost due to Ethereum Parity Wallet Breach 17 Jul Coindash ICO Hack.

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Exchanges build their own regulations as authorities stumble in their efforts to legislate. With or without collaboration from self-regulatory bodies, some governments have already taken their turns at regulation with varying degrees of severity. Some, like China, have gone the way of the iron fist, banning ICOs and exchanges outright.

Bitcoin Price Vs Litecoin Price Litecoin launched only two years later in 2011 but has been sprinting to catch up to Bitcoin ever since. Litecoin’s developers have stated that their intention was to create a “silver” to Bitcoin’s “gold.” Although Litecoin tech is arguably better than Bitcoin’s, it was born inferior. Litecoin vs Bitcoin: At Depth Litecoin is a decentralized

The government in China already controls the country’s cyberspace with an iron fist. State-sponsored censorship of content critical of the government is rampant and so is the unapologetic monitoring of online traffic. A blockchain-based system in the disguise of social welfare schemes can further add to these diabolical practices. For example.