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A comment on India’s Central Bank Bans Regulated Entities From Dealing In Virtual Currencies.

Re:India’s Central Bank Bans Regulated Entities From Dealing... by lumberjack on Thursday April 05, 2018 @11:52AM (#16766027)
Not unexpected. China might follow suit too. Developing countries who are experiencing capital flight will want to close the cryptocurrency loophole. For the same reasons, our governments are unlikely to want to chase away the golden goose.
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Re:India’s Central Bank Bans Regulated Entities From Dealing... by hackme1234 on Thursday April 05, 2018 @12:49PM (#16766556)
Does China even have official exchanges?

Binance works from Hong Kong afaik.

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Re:India’s Central Bank Bans Regulated Entities From Dealing... by lumberjack on Thursday April 05, 2018 @02:22PM (#16767538)
The exchanges are not essential for capital flight. What China needs to ban, is Bitcoin mining, which does happen on the mainland.
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