Reports: China To Close Its Domestic Crypto Exchanges

Blockchain, Crime, FinTech, ICO News, Innovation, Investing, News, Regulation | September 11, 2017 By:

Reports are multiplying that China is about to shut down its domestic cryptocurrency exchanges. The move follows a decision by regulators last week to ban initial coin offerings (ICO).

On Monday, Bloomberg News and the Wall Street Journal followed an initial report by China’s Caixin news service that regulators have ordered a halt to all digital currency trading platforms in the country.