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China: Regulation Of Cryptocurrency In China

Regulation Of Cryptocurrency In China – Technology – China

Cryptocurrency-related activities have received little tolerance from the Chinese government. Initial coin offerings (ICO) were banned in China in September 2017. Exchange platforms that traded cryptocurrencies or provided facilitation services were also ordered to be closed following the crackdown on ICO. Many exchanges chose to relocate to jurisdictions that are more favorable to cryptocurrencies than China.








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