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Why Has China Banned Bitcoin Trading?

Why Has China Banned Bitcoin Trading?
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摘要 Trading of digital cryptocurrency is legal in some countries,but now it has been banned in China.On September 4,several regulatory authorities,including the People’s Bank of China(PBC),jointly issued a document on the prevention of risks related to initial coin offerings(ICOs),demanding the closure of cryptocurrency exchanges.Punishment will befall those who refuse to cease ICO activities and those guilty of illicit activities subsequently discovered in ICOs that have already Trading of digital cryptocurrency is legal in some countries, but now it has been banned in China. On September 4, several regulatory authorities, including the People's Bank of China (PBC), jointly issued a document on the prevention of risks related to initial coin offerings (ICOs), demanding the closure of cryptocurrency exchanges, Punishment will befall those who refuse to cease ICO activities and those guilty of illicit activities subsequently discovered in ICOs that have already taken place.
作者 Lan Xinzhen
出处 《Beijing Review》 2017年第40期48-48,共1页 北京周报(英文版)
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