Although we're optimistic for the long run, currently it's highly unlikely that China would allow crypto exchanges to exist in the country. Also, local gov won't go against higher officials in Beijing. So any info u read about CN unbans exchanges, plz take it with a grain of salt
According to Jinse, the local gov article mentioning Chongqing city to establish blockchain asset exchanges was withdrawn this morning. It is said that PBoC issued internal cease & desist notice to the local agency. Soon the article is no longer available https://www.jinse.com/lives/34709.htm
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