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China just made a huge move against cryptocurrencies
- EGreg 9y agoIs the party over? Can a company based in Zug get hit?
- zero_one_one 9y agoCould this be a move to protect the stability of the highly lucrative Bitcoin market in China? From what I can discern from the article, this would only appear to significantly impact new cryptocurrencies and ICOs. Could it be a potentially shrewd move to maintain the state of token-based investment to that of a commodity rather than a 'futures' market (especially given the current exchange rates between existing tokens and fiat currencies)?