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Impact of China’s Ban Minimal Again, Crypto Can’t Be Killed
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cryptonews.comDisclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
China has been infamous for its stance on cryptocurrencies and blockchain technology and, more recently, even technology in general. In addition to the crackdown on cryptocurrencies, the Chinese government has been executing a crackdown on the biggest technology companies in the country like AntGroup, Tencent, etc.
On Sep. 24, the Chinese regulatory authorities sent a shockwave throughout the crypto-verse when they imposed a blanket ban on cryptocurrencies and businesses providing related services. This ban came only months after the country announced the prohibition on cryptocurrency mining
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