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China bans Bitcoin the way stormtroopers shoot at protagonists.

China bans Bitcoin the way stormtroopers shoot at protagonists.



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  1. tldr; On Friday various Chinese authorities including the People’s Bank of China (PBOC) and the National Development & Reform Commission (NDRC) published new regulations explicitly banning cryptocurrency exchanges and setting out a plan to eliminate Bitcoin mining within the country entirely. China has banned Bitcoin dozens of times now, it never quite seems to stick. The market keeps taking the wrong lesson from Chinese Bitcoin bans.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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