China banned ICOs and cryptocurrency exchanges in September, then more recently ordered financial institutions to stop providing funding to any activity related to digital currencies. Photo: Reuters
China banned ICOs and cryptocurrency exchanges in September, then more recently ordered financial institutions to stop providing funding to any activity related to digital currencies. Photo: Reuters

China to stamp out cryptocurrency trading completely with ban on foreign platforms

Offshore platforms targeted after recent efforts to shut down domestic exchanges failed to eradicate trading 

China banned ICOs and cryptocurrency exchanges in September, then more recently ordered financial institutions to stop providing funding to any activity related to digital currencies. Photo: Reuters
China banned ICOs and cryptocurrency exchanges in September, then more recently ordered financial institutions to stop providing funding to any activity related to digital currencies. Photo: Reuters
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