Intended Ban of 124 Overseas Cryptocurrency Exchanges by Chinese Government

According to the Chinese news outlet, the federal government of the People’s Republic of China has detected greater than 100 projects registered elsewhere however nonetheless offering crypto-related services to the Chinese residents. All of the platforms will probably be topic to a right away ban.

Also Read: Top 4 ICOs to invest in September 2018

Due to the Chinese ban on ICO platforms and crypto trading, major exchanges like OKEx and Binance can’t present their services on the territory of the Chinese mainland in addition to some other platform even when it has an international IP address.

We want to remind you that essentially the most well-known Chinese messenger WeChat has recently blocked a bunch of accounts supposedly connected with ICOs.

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