When Did China Ban Bitcoin Purchases

Last Updated on August 18, 2023 by Paganoto

China Makes Cryptocurrency Transactions Illegal: An Explainer

In June 2019, trading cryptocurrency was officially banned in China, when the PBOC stated they would be blocking access to all forms of cryptocurrency exchanges, domestic and foreign, and Initial Coin Offering websites although cryptocurrency transactions continued through foreign online exchanges.Oct 21, 2021

What's behind China's cryptocurrency ban?

In late September 2021, the People’s Bank of China (PBOC) banned all cryptocurrency transactions. The PBOC cited the role of …

China Crypto Bans: A Complete History – CoinDesk

2013: China bans banks from crypto transactions. China’s hostile stance regarding crypto dates back to Dec. 5, 2013, when the People’s Bank of …

China bans financial, payment institutions from cryptocurrency …

China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies.

China's top regulators ban crypto trading and mining … – Reuters

China in May banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and issued …

China declares all crypto-currency transactions illegal – BBC

Trading crypto-currency has officially been banned in China since 2019, but has continued online through foreign exchanges.

Crypto is fully banned in China and 8 other countries – Fortune

Clarification, January 5, 2022: This article has been updated to clarify China’s policy banning cryptocurrencies.

China's Bitcoin ban could be a buying opportunity – Fortune

While China’s declaration that all crypto transactions are illegal on Friday has led to a sell-off of Bitcoin, Ethereum, and other digital …

China Bans Cryptocurrencies

Bitcoin, the largest crypto currency, tumbled 8% in value in the wake of the announcement. It’s not the first time China has tried to …

China bans cryptocurrency transactions in sweeping crackdown

Chinese banks were banned from handling cryptocurrencies in 2013. In May, the Chinese Banking Association underlined that message, …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.