Tag: China Bitcoin

China Intends to Continue its Inspections on Bitcoin Companies, Results So Far

Inspections on Chinese bitcoin exchanges conducted by the People‚Äôs Bank of China led to significant changes in the global bitcoin trading market. In contrary to the expectations of many traders and investors of bitcoin, the inspections of the PBoC and the willingness of local exchanges to comply with regulators have legitimized the Chinese bitcoin market. Almost immediately after the initial announcement of the PBoC, mainstream media outlets including BBC and …
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