Sunday, January 07, 2018

And I Expect This Is Why The Volatility Will Continue

Different approaches to bitcoin in Asia

From clampdowns to a warm embrace, regulators in Asia have taken very different approaches to dealing with the bitcoin phenomenon. Here are the developments in a few key markets: - Chinese clampdown - In mid-September, China's central bank, the People's Bank of China (PBOC), told virtual currency trading platforms based in Beijing and Shanghai to cease market operations.