Counter Risk, Authority Reminds You of the Dangers of Bitcoin.
The head office of the Shanghai branch of China's central bank said investors had to raise awareness of risks to the initial coin offering (ICO) offerings and not blindly speculate on the market.
[source](file:///storage/emulated/0/Download/aec64a87-5fd6-46fe-bbd1-1b0f1c2f7c3a_169.jpeg)
China has implemented a series of steps to ban digital currency (cryptocurrency) to control speculation. Now China completely prohibits Bitcoin transactions.
The Chinese government has banned the use of Bitcoin as an ICO payment and issuance tool.The government has also banned foreign exchange exchanges targeting Chinese citizens.
Previously China was one of China's heavenly countries. Even the biggest Bitcoin Cs miner comes from China. After the ban, Bitcoin users in China moved to Japan.
In this Sakura country, Bitcoin is recognized as one of the legitimate payment and investment tools. All exchange exchanges in Japan must register and obtain permission from the Japanese Financial Services Supervisory Authority.
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