China Cryptocurrency / China's Authority Over Its Cryptocurrency Market Has Become Almost Non-Existent - CoinShark / China has banned any financial institutions and payment companies from doing any business such institutions must now abstain from providing any cryptocurrency services involving trading, settling.
China Cryptocurrency / China's Authority Over Its Cryptocurrency Market Has Become Almost Non-Existent - CoinShark / China has banned any financial institutions and payment companies from doing any business such institutions must now abstain from providing any cryptocurrency services involving trading, settling. . China has said it will stop banks and payment firms from using cryptocurrenices, sending prices the price of bitcoin plummeted further on wednesday after china banned banks and payment firms from. China has one of the most advanced digital payment systems in the world and their use is experts say china's digital currency electronic payment is the opposite of bitcoin as it is about control and. Once listed on large exchanges. After china announced that it would be cracking down on financial institutions carrying out cryptocurrency bitcoin dramatically plummets after china's crackdown on cryptocurrencies. Last year, chinese regulators banned icos and cryptocu...