Is China dropping the ban for cryptocurrencies!?

in #cryptocurrency7 years ago (edited)

There are rumors that cryptocoins are going to be seen as virtual property in China. No one knows for sure yet what the new set of rules will be. Sources from China claim that the new legislation will go a live tomorrow 1 October.

When this happens the expectations is that the exchanges can file for licenses. After the exchanges will get their licenses Bitcoin probably will rise faster to new all time highes. What is your vision? If you have more info I would to love to hear it.

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Source: https://www.google.nl/amp/www.newsbtc.com/2017/09/30/bitcoin-may-considered-virtual-property-new-chinese-regulation/amp/

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Great find man. If this is true, the short and long term future of crypto is looking great!

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