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I find it odd that they're going to halt trading in 2 weeks. If they determined that trading is illegal, shouldn't they halt trading immediately? Also, a simil
by fragsworth 9y ago
I find it odd that they're going to halt trading in 2 weeks. If they determined that trading is illegal, shouldn't they halt trading immediately?
Also, a similar situation played out in 2013: https://www.coindesk.com/price-crashes-china-outlaws-bitcoin-financial-institutions/ https://www.coindesk.com/price-crashes-china-outlaws-bitcoin...
- zzalpha 9y agoNot at all. This gives holders of bitcoin an opportunity to unwind their positions. Otherwise, they'll be stuck with a digital currency they can't convert to yuan without jumping through a lot more hoops.