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Bitcoin (BTC) is now recognized as a legal asset to be owned, transferred and utilized as a medium of payment for goods and services in China as decreed by the Shenzhen Court of International Arbitration after ordering the Bitcoin ban in 2017.
Nearing the end of last year, Bitcoin and cryptocurrency trading as a whole was banned by the Chinese government. This was effected by a forceful shutdown of cryptocurrency exchanges based in China including popular Chinese exchange platforms like BTC China and Via BTC.
The consequence of this decision was evident when the value of Bitcoin dropped from it’s the then all-time high of $4,000 to a fall in about 20% of its value after being massively sold by concerned investors. Another big part of the massive drop then, was because mining rigs all over China were shut down in quick response to the government policy. China houses some of the biggest Bitcoin mining rigs on the planet.
www.btcnn.com/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/
Игорь12 ноября 2018, 17:35接近去年年底，比特币和加密货币交易作为一个整体被中国政府禁止。 这是基于在中国的加密货币交易所的强制关闭，包括像BTC中国和Via BTC这样的流行中国交易所平台。+2
Сберегатель (Сэр Лонг)13 ноября 2018, 16:57чинезе говенмент0
