Cryptocurrencies could be a way to unify an already globalized world but fears over illegality in the market have led China to ban the trade and use of Bitcoin. However the government doesnt ban Bitcoin trading or holding them as assets. China Bans Anti Blockchain Sentiment And Prepares To Launch Its Own Cryptocurrency Cryptocurrency Trading Blockchain Cryptocurrency Bitcoin dropped in value by more than 10 Monday to below 33000 at one point as China expanded its ban on cryptocurrency mining to a key. Has china banned bitcoin . And while plenty of miners fled the country. The State Bank of Vietnam has declared that the issuance supply and use of Bitcoin and other cryptos are illegal as a means of payment and are subject to punishment of fines ranging from 150 million VND 5600 to 200 million VND 7445. China has Not Banned Bitcoin Again but Will Be Adopting Stricter Measures for Crypto-related Activity. The latest is news that one of Chinas smartphone manufacturers Meizu has...