October 1, 2022

The closure of cryptocurrency platforms did not affect the citizens of China

The closure of cryptocurrency platforms did not affect the citizens of China

According to the report on the financial stability of China for 2019 published by the People's Bank of China (NBK), the closure of Chinese cryptocurrency platforms did not affect the state of the country's inhabitants.

Thus, all 173 Chinese crypto platforms were closed without any scandals on the part of the country's citizens. In particular, cnLedger writes about this.

Thus, the Chinese government becomesa monopolist in the field of digitalization, having full monopoly and control over the development of digital space in China in the future. Perhaps such actions are a lever to soon release their own digital cryptocurrency, on which the regulator has been working for several years.

Note that at the time of writing, Bitcoin managed to adjust the fall in the rate to the level of $ 7000.