[Daily Discussion] Friday, November 22, 2019 Bitcoin Markets

Posted: 21 Nov 2019 08:05 PM PST

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Posted: 21 Nov 2019 08:05 PM PST

Thread topics include, but are not limited to:

Thread guidelines:

Be excellent to each other.
All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
No discussion about specific ICOs. Established coins only.

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Posted: 22 Nov 2019 09:21 AM PST

Chinese authorities imposed a ban on initial coin offerings (ICO) or other means of cryptocurrency-based fundraising process in late 2017. Termed illegal in China, however, businesses operating overseas still allow mainland users to participate in ICOs or IEOs.
Current investigation on cryptocurrency exchanges also strongly points out the recent unauthorized distribution of 'DCEP' – China's digital currency from unknown asset trading platforms. PBoC on Nov,13 clarified that reports of PBoC have already issued the digital currency are false. Adding, it has not authorized any asset trading platform or institution to distribute the legal-digital currency.

https://cryptopurview.com/china-steps-up-countywide-investigation-on-crypto-related-businesses/

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