From Cointelegraph
19th National Congress of the Communist Party of China, the most important conference in China this year, ended on Oct. 24. With the end of the conference, some temporary regulations and policies are canceled as well. Among the regulations, the shutdown of Bitcoin trading in China might be one.Read more: https://cointelegraph.com/news/chinese-might-be-able-to-trade-bitcoin-again-soonOn Oct. 28 ZB.com, which is a new cryptocurrency trading platform, announced that all trading functionality will be available from Nov. 1. Users can sign up for accounts and deposit now.
The platform claims that people all over the world, including those in mainland China, can exchange and trade on the platform. The languages of the website are Chinese and English. However, it’s too soon to state that the regulation toward Bitcoin and other cryptocurrencies is invalid. Maybe the platform will be closed by the government soon. Nevertheless, there are also people saying that the Chinese government is behind the platform.
While I think it would add value to have China as a thriving part of the crypto currency ecosystem I think the recent actions taken and quick bounce back in price have shown we can do it with or without them. China will realize they are going to get left behind if they continue down their current path.
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