Chinese Government Announced All Crypto Exchanges Are Illegal

nifa.org.cn/nifa/2955675/2955761/2967730/index.html

China Internet Finance Association calls on: Member units should fulfill their commitment to industry self-regulatory conventions, strictly abide by national laws and regulations, do not participate in any of the so-called "virtual currency" related to the concentration of transactions or services for such transactions, take the initiative to resist any illegal financial activities.

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nifa.org.cn/nifa/2955675/2955761/2967730/index.html
nifa.org.cn/nifaen/2955875/2955895/2967736/index.html
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Members of China Internet Finance Association

People's Bank of China ,
the China Banking Regulatory Commission , the China Securities Regulatory Commission

HOW TO STOP THIS? HOW TO STOP EXCHANGE? THEY WILL PUT WEBCAM TO CHINK ASSES? HOW TO STOP CRYPTO? OMG LOOK HOW THEY WILL FALL, INB4 CHINA CRYPTO REBELS MOVEMENT

Chinese government can literally shutdown any website at anytime for no reason

retard
they kill people in china

hrehrehre write ran i bry ar ra btc wrih frake nrews

God damn China just KYS already

this

the police will just break in and beat you to death without a second thought

This is just FUD. China always threatens to ban bitcoin. BTC to $10k by tomorrow morning.

Good...good...just have 8k waiting for being deployed, but would want chinks to crash the market before I do

so, sell the news? we're going up now that its been confirmed.

also we dont read ching chong ling long here

This is still in early stage to even take action. Chinese gov havent done a public speech. Considernig they do with gambling and other more shady shit, they would with crypto. Its a big Fud they are flirting with.

American dinosaur FUD more effective it seems

>do not participate in any of the so-called "virtual currency" related to the concentration of transactions or services for such transactions

Chinese BTFO
Fuck the chinks anyway.

...

hi im satoshi nikimoora, btc will be 1,000,00 in 1 minute, screen cap this

>commies banning something instead of just taxing the fuck out of it

This is why your bullshit system always fails

>Member units
member units aren't people.
there is still massive private btc trade going on outside of any exchanges. localbitcoins does trade, plus private sales over wechat and other face to face ways.
i moved money out of china doing this. send money on alipay, get btc. chinese exchanges are irrelevant to a large extent, there are russians in all the major cities who have in person exchanges for baller chinks to trade if they want to.

all it means is that the records of what happens in china is no longer accurate or worth looking at.

>nifa.org.cn/nifa/2955675/2955761/2967730/index.html

nifa.org.cn/nifaen/2955875/2955895/2967736/index.html here's the link for nongooks

not actually banning all exchanges, just reiterating the shit we heard like 2 weeks ago

Expect consistent warning FUD from China through the end of the year. They're creating a government-backed exchange so they can cash in on all the transaction fees. Once their exchange is ready they'll shut down all the other ones and force everybody into theirs including out-of-country investors who wants Chinese crypto.Chinks are just as bad as jews they just do it all through the government instead of private banks.

bro google, youtube, and porn are also illegal there