Lots of bad news about China and Bitcoin, and good news about new blog

Lots of bad news about China and Bitcoin, and good news about new blog
I have lots of things to catch you all up on, but let me start with the international news items first. This month, China has basically pulled the plug on Chinese citizens’ easy ability to buy or sell Bitcoins and other cryptocurrencies. It transpired in stages, long before there was any official policy announced from on high. First, an anonymous writer for the respected financial paper, Caixin, wrote late on a Friday evening that the government was planning to ban Initial Coin Offerings (ICOs), which has become a popular (and often abused) method for blockchain projects to quickly raise funds. Prices for digital assets like Bitcoin dropped sharply over the weekend all over China, and to a lesser extent around the world. A few days later, Caixin published another article saying that 60 ICO platforms were being shut down. Further, all ICOs were to be halted immediately, and investors’ funds returned as soon as possible. While those folks were scrambling to comply with the new rules, prices continued to fall. Bitcoin values dropped from the mid-$4,000 range to around $3,000. Then, two major Bitcoin exchanges, OKCoin and ViaBTC, announced they were closing up shop by the end of the month. ...
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