Chinas Crypto Transactions Ban is 5 Years Old, Media Fails to do Proper Research

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Chinas Crypto Transactions Ban is 5 Years Old, Media Fails to do Proper Research

A recent Bloomberg article has claimed that China would have just prohibited Crypto transactions, which is misleading.

Crypto transactions are prohibited since 5 years, a week ago China has told their banks of this policy again and made the market slide about the same one ban again.

Now media is falling for the same 5 year old ban again, by quoting the misleading Bloomberg article which is quoting the other weeks old news which is based on the 5 year old news.

This is the same thing as the Walmart Litecoin thing, but even bigger.

submitted by /u/Dwez1337
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