Tag: banned
Cryptocurrency – The Rise and Fall of Digital Coin
The “crypto bans” of 2018 and 2019 made headlines. This post talks about the effect of these bans on the market’s momentum and its dynamic nature. It also explores why “crypto bans” are no more notable than “monetary bans. The “crypto ban” is “a ban on Bitcoin and its coins, which is in effect to…
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How to Get Even Cheaper in China After the Crypto-Crackdown
[…] Now that the authorities have taken the first crack at Bitcoin, they have set their sights on the broader cryptocurrency sphere. In China, the current crackdown has led to one of the most draconian cases to date. One such case is the so-called “China ban on Bitcoin trading. ” It also involves a major…
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The People’s Bank of China (PBOC) Issues Order to Ban ZhenHui From Trading Cryptocurrencies
The People’s Bank of China (PBOC) has issued the following order as stated in order to ban the software firm ZhenHui, which provides blockchain software for the trading market of cryptocurrencies, to shut down operations this October 4th, 2019. ZhenHui will be prohibited from being able to use its blockchain software in any way for…
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