2017 china bitcoin ban

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China also barred customers from withdrawing bitcoin in February, but said they haven't had any ban cryptocurrency exchanges. It indicates a way to of a chain link.

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Bitcoin Mining BANNED in China!! Impact on BTC?? ??
Cryptocurrency trading is subject to strict government-imposed restrictions in China since September , when trading platforms were shut down. China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and. China's regulators clarified on Friday (Sept. 24) that cryptocurrency transactions and mining are illegal, the country's strongest stance.

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Regulators have deemed all crypto transactions both crypto-to-fiat and crypto-to-crypto , trading and investments as illegal, whether executed via local or foreign platforms. Gox Exchange , which at the time was the largest bitcoin exchange in the world. Its free with no strings attached. In other words, Bitcoin is not legal tender.