Tag: Chinese Exchanges

Chinese Government, Central Bank Continue Crackdown on Cryptocurrency Trading

Chinese officials have continued their campaign against cryptocurrency interest in their country with a renewed effort to restrict public access to popular trading methods. Most recently, the People’s Bank of China (PBOC) proposed more stringent limitations that would build on regulations enacted in September of last year. Centralized and Cross-border Trading? Big Brother Says No Way According to an internal memo obtained by Reuters, the Chinese government wants to ban centralized …
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Ethereum Classic Price Returns to Double Digits Thanks to China Volume

The cryptocurrency power rankings get shaken up on a regular basis these days. While Bitcoin is still the dominant market leader, things are not necessarily evolving in the right direction for some of the altcoins. Ethereum Classic is showing some big gains over the past 24 hours, which is significant considering all other currencies show plenty of volatility right now. The Ethereum Classic price is heading back to US$11.50, which is …
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