It's time to say goodbye "China"

in #cryptocurrency3 years ago (edited)

Japan becomes the biggest Bitcoin market as traders leave China

Japan has again become the largest stock market in Bitcoin with a market share of 50.75% of Bitcoin's global foreign exchange market. Analysts, including BitFury vice president George Kikvadze, attributed the rise in the trade volume of the Japanese Bitcoin Exchange market at the exit of Bitcoin traders in China.
Earlier this week, the Chinese government, local authorities and financial regulators formally requested Bitcoin exchanges and Chinese trading platforms to stop their services by the end of September. OKCoin and Huobi, the two largest exchanges in China, have been given flexibility to operate until 30 October, given that they were not involved in initial offerings of coins (OICs) in the past




Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.

Some tips to share content and add value:

  • Use a few sentences from your source in “quotes.” Use HTML tags or Markdown.
  • Linking to your source
  • Include your own original thoughts and ideas on what you have shared.

Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.

If you are actually the original author, please do reply to let us know!

Thank You!

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

Don't worry... The end of the month, beginning of next month.. China will be back in with their own "sanctioned" exchange their people can use. This was all just a ploy so they could get some control back. My bet is they will either govern Huboi or make their own.

Coin Marketplace

STEEM 0.17
TRX 0.03
JST 0.041
BTC 10894.50
ETH 372.25
USDT 1.00
SBD 0.98