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RE: China's 2nd Biggest Bitcoin Exchange Responds To Report Beijing Is Shutting All Virtual Exchanges
Let them close the exchanges, that will only push decentralised exchanges further. Governments need to stop trying to centralised crypto and regulate it, Because they never will. This is a war.
Exactly, either the innovation will increase and/or other countries will take the lead of having the biggest volume like South Korea. China is way to heavy in control of a lot of cryptocurrencies by mining or just investing. This whole ban will give every other country the chance to have a bigger impact, which will increase decentralisation .