Sep 15, · Bitcoin marketplace. A renewed trading ban could affect more than million Indians trading in digital assets and a rising number of companies setting up platforms for the trade. Due to the nature of decentralized cryptocurrencies, it is simply impossible to ban them. Many individuals in those countries still make use of sites like Local Bitcoins, Paxful or Bisq to trade it with others, as indicated by the trading volumes. Jun 25, · Chinese regulatory authorities had imposed a ban on initial coin offerings (ICO), a cryptocurrency-based fundraising process, and termed it illegal in China in September That ban .
Bitcoin trading banEvery single Bitcoin product banned in the UK as regulators crack down on crypto - Mirror Online
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Prince Charles and Camilla release photo as they spend Christmas away from the Queen Prince Charles, Prince of Wales The royal couple is shown with walking sticks in hand at their Scottish retreat of Birkhall. In a series of measures, the PBOC is tightening regulations on domestic dealers engaged in foreign cryptocurrency transactions and ICOs.
It has also forbidden China-based financial institutions from any dealing and funding in cryptocurrency linked activities. Stricter regulations by the PBOC will "definitely weigh on the cryptocurrency universe," said Wayne Cao, who runs a company that recently offered 10 billion tokens in an ICO.
Investing in cryptocurrencies and other Initial Coin Offerings "ICOs" is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs.
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