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bitcoin ne kaafi recover apna losses kal aur aaj me karliya hai,ye inr ke hisaab se se 210,000 inr ka agaya tha lekin abhi ye fir se 283,000 inr ka hogaya hai,esme bahut he jada volatile market rehta hai,esme bahut he careful hokar trading karna hoga..
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What is forbidden has always been attractive, and the same is proving true with ICOs. Chinese newspaper ‘The Voice’ have published two articles claiming that the crackdown on digital currency is*not succeeding, and that in fact*ICO activity*has intensified. In defiance of the government ruling, Chinese exchanges are continuing to provide their services to investors seeking “to take advantage of the tide of rising bitcoin prices.”
The article states that when the ban was announced, the “hot money network” of cryptocurrency exchanges was silent, but afterwards “platforms immediately set up overseas websites and continued to provide digital currency services to mainland users as overseas companies. They also illegally set up "contract transactions like futures.”
OKCoin, one of the four largest exchanges worldwide, is singled out as guilty of obfuscating its operations in China, and also offering unlicensed securities.
An investigation into the exchange was headed by a Mr. Yang, who told reporters that the platform has “neither the corresponding qualifications nor any supervision” necessary for operating legitimately as a digital currency futures trading platform, and that it has circumvented regulations by nominally moving the company overseas. The exchange purports to be “headquartered in Belize” with a team in Hong Kong, but Yang claims that in fact the entire company is operated “in Beijing, and the users are almost all Chinese.”
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jii haan main na suna tha is ka bary main kun kaa is se chanana ko kuch masla tha jis ki wajah se inse bnd ker deya hai
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jii haan main na suna tha is ka bary main kun kaa is se chanana ko kuch masla tha jis ki wajah se inse bnd ker deya hai
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For my point of view and watching news reoporrts China will reportedly block anyone in the country from accessing websites that offer cryptocurrency trading services or initial coin offerings (ICOs).
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China NEWS,,,
The article states that when the ban was announced, the “hot money network” of cryptocurrency exchanges was silent, but afterwards “platforms immediately set up overseas websites and continued to provide digital currency services to mainland users as overseas companies. They also illegally set up "contract transactions like futures.”
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China ICO ban proving ineffective
Kieran Smith
ChinaIco LegislationInvestment
Despite measures announced in February aimed at preventing its citizens from taking part in cryptocurrency trading and initial coin offerings, Chinese media are admitting that ICO activity is continuing to intensify
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I think we wait little bit time, just see what will happen on next week. Then we can think about it. Just concentrate with that and we need to find out the break point .
Thats my opinion.
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China bans companies from raising money through ICOs, asks local regulators to inspect 60 major platforms. The statement said authorities are banning all organizations and individuals from raising funds through ICO activities and that all banks and financial institutions should not do any business related to ICO trading.
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This is just a precautionary measure, the Chinese Government is only afraid of people making a deceptive investment.
Everything is fine, and we do not panic.
BTC has returned to normal, this issue loads everyone busy