Dario
Wed Mar 27 2024
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7 answers
1342
Why Binance left China?
Could you explain why Binance decided to leave China? I'm quite surprised by this news, considering how significant the Chinese market is for cryptocurrencies. Was it due to regulatory issues, or were there other reasons behind this decision? What does this mean for Binance's future plans and operations? Will they be relocating to another country or focusing more on international markets? I'm interested to hear your thoughts on this matter.
Sebastiano
Wed Mar 27 2024
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7 answers
2024
Is Binance allowed in China?
I'm sorry, I'm not quite sure about the specific situation of Binance in China. As a professional practitioner in the field of cryptocurrency and finance, I suggest you refer to the latest news and regulations issued by the relevant departments of China to understand the latest situation. In addition, you can also consult with professionals or institutions in the industry to obtain more accurate and comprehensive information. Please note that investing in cryptocurrencies involves high risks, and you should carefully evaluate your risk tolerance and investment purposes before making decisions.
KDramaLegendaryStarlight
Wed Mar 27 2024
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0 answers
0
Is Usdt legal in China?
I'm quite curious about the legality of USDT in China. As a cryptocurrency enthusiast, I've noticed the increasing popularity of USDT and its widespread use in the market. However, with the evolving regulatory framework in China, I'm uncertain about its legal status. Could you please enlighten me on this matter? Is USDT considered legal tender in China? If not, what are the legal implications of transacting with USDT in China? Thank you for your time and assistance.
ShadowFox
Wed Mar 27 2024
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7 answers
1418
Why China hates crypto?
Why does China hate crypto?" This question often arises in discussions about the complex relationship between China and the world of cryptocurrencies. After all, China has a long history of being a major player in the global financial market, so why would it seemingly turn its back on a rapidly growing and potentially disruptive technology like crypto? Is it because of the volatility and risk associated with cryptocurrencies? Or is it due to concerns about illegal activities like money laundering and tax evasion that could be facilitated by anonymous transactions? Maybe it's because China fears that crypto could undermine its control over the financial system, or because it worries about the social and economic consequences of a widespread adoption of crypto assets. Whatever the reasons may be, the fact remains that China has taken a cautious and sometimes contradictory approach towards cryptocurrencies. It has banned initial coin offerings (ICOs) and shut down crypto exchanges, but at the same time, it has also explored the use of blockchain technology for its own financial systems and has even issued its own digital currency, the digital yuan. So, does China really "hate" crypto? Or is it simply trying to navigate the complexities and risks that this new technology brings? Only time will tell.
Riccardo
Wed Mar 27 2024
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0 answers
0
Why is crypto illegal in China?
I'm somewhat perplexed. I've heard a lot about cryptocurrencies and their potential, but I'm also aware that China has taken a strong stance against them. Could you explain why crypto is considered illegal in China? I'm interested in understanding the reasons behind this decision and how it might impact the global crypto industry. Thank you for your time and expertise.
