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Chinese Regulators Are Serious About Crypto Ban This Time

Sep.27 — Urszula McCormack, Partner at King & Wood Mallesons, discusses the latest developments on China’s cryptocurrency crackdown. She speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia”.

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Sep.27 — Urszula McCormack, Partner at King & Wood Mallesons, discusses the latest developments on China’s cryptocurrency crackdown. She speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia”.

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26 Comments

26 Comments

  1. Marcie Torreance

    September 27, 2021 at 7:25 pm

    old news, move on

  2. Tananga

    September 27, 2021 at 7:34 pm

    They are doing that because crypto and gambling is the easiest way to move money out of china and people start to see that real estate bubble is going down. This is just a beginning.

  3. Audrey Butler

    September 27, 2021 at 7:41 pm

    I’m.. 50 a.n.d m.y. husband 54 we are both retired with over $3 million in net worth and no dept’s. Currently living smart and frugal with our money.serving and investing life style in the stock market made it possible for us this early even till now we earn weekly. Thanks to fire movement.

    • Pinned by The Money Game With AC

      September 27, 2021 at 7:52 pm

      Some story here with me I’m not retired yet, I love how people share their life with me daily experiences after work, will having a drink makes me fell happy.

    • Sophia Liam

      September 27, 2021 at 7:53 pm

      @Audrey Butler You have shared so much knowledge on here I’m glad I came across this god bless you ma’am.

    • Jeremy Sanchez

      September 27, 2021 at 7:53 pm

      +①⑨①③③⑨⑥⑨⑦③③…

    • Joshua Henry

      September 27, 2021 at 7:54 pm

      @Audrey Butler Does he trade globally I am from Australian.

    • Audrey Butler

      September 27, 2021 at 7:56 pm

      @Joshua Henry
      Yes of course his services are global. He earns as he is making profit no service charges.

  4. symmetry

    September 27, 2021 at 7:43 pm

    🥱🥱🥱

  5. Bleacherz

    September 27, 2021 at 7:45 pm

    China is showing more concern for its people than the US Regulators

  6. 迪尼斯Dom Dinis

    September 27, 2021 at 7:53 pm

    Let me laugh. Do we actually care about a country that has clearly proved it would ban any bitcoin mining activity and has made the same statement for years ? Honestly the chinese that still had money on chinese centralized exchanges have been warned more than once. It’s time for them to transfert their crypto assets to more safe storages like cold wallets or use vpn to store in foreign country based hot wallets. There’s always an alternative to centralized exchange which is the purpose of blockchain. It’s inviolable as long as you store it on offline wallets.

  7. Erinn dannie

    September 27, 2021 at 8:09 pm

    gjknk
    vun.fyi

  8. Robin McKenna

    September 27, 2021 at 8:15 pm

    Not sure why they didn’t comment on this but the main attraction for bitcoin and others is that the currency is theoretically incorruptible and can’t be controlled by governments. With bitcoin you can’t print money and there is a max amount that can be “mined”. Fiat is a great way for governments to pay off debt by printing money, and in turn reducing the value of money so that the debt they owe is intrinsically less. The American dollar has increased Americas influence and power around the world. With bitcoin the government loses one of its levers of control. China loves those levers and they keep inventing new ways to control people using technology (surveillance state, AI watching social media, metrics of unrest etc), which is why cryptocurrency is a threat to their system of government… and any government really.

  9. m l

    September 27, 2021 at 8:22 pm

    Oh so this time they are serious. Oh ok

  10. r v

    September 27, 2021 at 9:47 pm

    Like we would say on Discord…….FUD.

  11. jeff check

    September 27, 2021 at 9:51 pm

    lol perfect.. buy all Chinese FUD, its sad but true that the desperate CCP will do anything to keep their shitcoin Yuan off the open market.

  12. trapLA

    September 27, 2021 at 10:12 pm

    Wow. Reposted on trap.LA

  13. BloodySabbath84

    September 27, 2021 at 10:27 pm

    Fine. They are communists. They don’t deserve freedom unless they overthrow that terrible dictatorship.

  14. BloodySabbath84

    September 27, 2021 at 10:28 pm

    Sell chinese stocks. Buy crypto.

  15. Ray White

    September 27, 2021 at 10:34 pm

    I really want my portfolio to be up to $100,000,000 before a year, I guess it can be possible 😀

    • James Pollard

      September 27, 2021 at 11:56 pm

      @Adam Knee Please how can I start trading with Mr Steven Jeffrey?
      His success stories are everywhere 😯

    • Elder Gerard

      September 28, 2021 at 12:00 am

      Really y’all know him?, I even thought I’m the only one he has helped walk through the fears and falls of trading

    • Adam Knee

      September 28, 2021 at 12:14 am

      @James Pollard wats app 📩⏬⏬

    • Adam Knee

      September 28, 2021 at 12:14 am

      †¹⁴²³⁷¹⁷²³⁵²

    • James Pollard

      September 28, 2021 at 12:20 am

      @Adam Knee Thanks for his contact I will reach him right away
      Seeing alot of success stories, he must be honest and trustworthy for people to talk this good about him

  16. Malik Sooch

    September 28, 2021 at 12:38 am

    “Insert China FUD” while whales stock up for the final blow off top

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