While speculations and predictions continue, Western media is reporting that the Chinese government will ban Bitcoin exchanges.
These news started after ICOs were banned completely before.
Wall Street His newspaper and other publications “anonymously” publish excerpts that do not provide much detail.
Anonymous Sources
According to the Wall Street Gazette and their anonymous anonymous sources, regulators do not make clear statements about the ban. even.
One regulator says the decision has been determined long in advance, while the other says there is still time to make a decision.
“Although the allegations continue, Bitcoin price has recovered for the second time after the news of the ICO ban. dropped.”
At the same time, according to allegations made by Bloomberg:
“The ban will only be brought to cryptocurrency trading on the stock market.. People close to the subject want their names to remain anonymous because this information is confidential.”
What is the Main Reason for Banning?
Bitcoin is an important player in China and its socialist monetary policy.
The Chinese government was disturbed by the increasing interest in cryptocurrencies and perceived it as a threat.. Investors’ preference for Bitcoin over Yuan was not welcomed.
The People’s Bank of China said last week that ICOs were banned because they disrupted the country’s financial order.. It was also claimed by anonymous sources that it was shut down because there was “too much corruption”.
Quite Doubtful
The absence of any official statement is suspicious, and it seems that no one is brave enough to put their name in the news. .
The founder and CEO of the China BTCC Exchange conducted a poll on Twitter asking whether people believe this ban.. According to the results, more than 80% of people didn’t believe the news.
OKCoin responded to these news:
“So far, no official authority has We were not informed about closing BTC exchanges. If this happens, we will immediately post a notification on our website.. Even so, we will be trading offline for users and the coins in your account will be absolutely safe.” said
Litecoin Founder Also Involved in Rumors
Litecoin founder Charlie Lee made a mess with his tweets yesterday evening. Before his official social media account, he used sentences like China banned Bitcoin, and then I wrote it incorrectly, I meant Bitcoin exchanges.
When the big reaction came to the event, Charlie stated that he was joking at first and didn’t think it would have such an impact, but later on he tweeted as a joke. I don’t, the news is true, but the source made statements in the form of anonymous. Now, he has deleted his tweets.
Even though no one understands what Charlie Lee is saying and trying to do, he is among those who send the message: Keep your Bitcoins and do not sell them.
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