CHINA EXCHANGES .....

GAWminer27
Archived posts: 13
Joined: May 27, 2017

CHINA EXCHANGES .....

by GAWminer27 · · Post #9088

As reported earlier today, Chinese news source Caixin, citing unnamed sources, said that regulators are looking to shut down the exchanges. That decision, the newspaper claimed, has already been made and disseminated to other sources. Yet in the wake of that story, exchanges in China said they haven't receive any notices from the Chinese government, casting doubt on the veracity of the Caixin report.

https://www.coindesk.com/bitcoin-price-sinks-4200-china-uncertainty/


I think someone HUGE is just trying a major pump and dump to buy more cheap.
hashingpro
Archived posts: 188
Joined: Aug 18, 2017

Re: CHINA EXCHANGES .....

by hashingpro · · Post #9937

NO.

There was a rumor some people tried to get started in order to inflate the price of some coins and markets.
They have no intention of pulling out or banning. They just need time to get regs in place so they are seeing their cut of it.
Something the US and the rest of the world needs to catch up on, or they may all find themselves being the KODAK companies in the digital camera age.