China imposes rules which forbids banks to engage in trade with the digital currency bitcoin. The argument is that bitcoin is a crypto-based currency that is not controlled by any central bank. Bitcoin is a special virtual product that does not have the same legal status as a currency, officials said ..
class=”paragraphIntro”> – I’m surprised at how quickly the controls are introduced, says Bobby Lee, the Head China’s Bitcoin exchange BTC China, which is one of the biggest trading centers in the world for bitcoin, to IDG News.
class=”paragraphIntro”> The comment was convicted in pause during a presentation that Bobby Lee held at Stanford University in California on Thursday. They are the first comments after China on Thursday announced that it imposed severe restrictions.
class=”paragraphIntro”> addition to the usual banks are prohibited to trade bitcoin so must all the other traders and speculators use real names when registering on an exchange.
class=”paragraphIntro”> The decision stands Peoples Bank of China and the ministries that control the technology sector. Lee is in favor of the regulations, which he said makes trade more legitimate and formally controlled, which can increase customer interest. During his presentation, Lee said that “the future is bright for Bitcoin in China.”
class=”paragraphIntro”> price of bitcoin has risen very rapidly in recent months from $ 200, to over 1000 dollars. Today sees 60 percent of Bobby Lee’s clients trade with bitcoin as a pure investment, he says.
class=”paragraphIntro”> Kineiska authorities arrested last fall three people bitcon Swindle on an online exchange. Stock Exchange had attracted 4493 speculators, but suddenly shut down on the owners in October, which retained all assets.
No comments:
Post a Comment