China is back on the cryptocurrency market
China is back on the cryptocurrency market
That's it!! The Chinese cryptocurrency market has reopened through the new z.b.com platform.
Who would have thought two months ago that the Chinese would allow so quickly the opening of cryptocurrency platform ?!
This new platform serves sellers as well as buyers from around the world, including those from China.
It allows exchanges of BTC, LTC, ETH and ETC, and it seems that in a few days it will be possible to exchange other virtual currencies.
Since November 8th, this platform has accepted CNY as the deposit currency by credit and debit card.
It would seem that China, instead of simply banning the digital currency market, is moving towards a regulation that will allow them to oversee trading.
Will this news boost the Bitcoin? We will certainly know it in the coming days.
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Disclaimer. This content is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell any security or digital asset. Past performance does not guarantee future results. Cryptocurrency investments are subject to high market risk and volatility.