Bloomberg Technology
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”.
Marcie Torreance
September 27, 2021 at 7:25 pm
old news, move on
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.
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
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Sophia Liam
September 27, 2021 at 7:53 pm
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Jeremy Sanchez
September 27, 2021 at 7:53 pm
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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
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symmetry
September 27, 2021 at 7:43 pm
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Bleacherz
September 27, 2021 at 7:45 pm
China is showing more concern for its people than the US Regulators
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.
Erinn dannie
September 27, 2021 at 8:09 pm
gjknk
vun.fyi
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.
m l
September 27, 2021 at 8:22 pm
Oh so this time they are serious. Oh ok
r v
September 27, 2021 at 9:47 pm
Like we would say on Discord…….FUD.
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.
trapLA
September 27, 2021 at 10:12 pm
Wow. Reposted on trap.LA
BloodySabbath84
September 27, 2021 at 10:27 pm
Fine. They are communists. They don’t deserve freedom unless they overthrow that terrible dictatorship.
BloodySabbath84
September 27, 2021 at 10:28 pm
Sell chinese stocks. Buy crypto.
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
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Elder Gerard
September 28, 2021 at 12:00 am
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Adam Knee
September 28, 2021 at 12:14 am
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Adam Knee
September 28, 2021 at 12:14 am
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September 28, 2021 at 12:20 am
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Malik Sooch
September 28, 2021 at 12:38 am
“Insert China FUD” while whales stock up for the final blow off top