Cryptocurrency trading is blacklisted in China despite the open support for blockchain. The soon to be launched central bank-backed digital asset is in the testing phase. China’s Bitcoin and blockchain news have been headlining most of the cryptocurrency news in the past couple of weeks. However, the central bank says that it is yet to authorize any form of trading in digital currencies. The government of China is grinding towards the launch of its own national digital currency. The launch date for the coin is, however, unknown. Besides, the People’s Bank of China says that the digital asset is still in the study phase. The central bank also assured its citizens that no digital asset has been issued. Testing is undweway for the digital asset that will enjoy the central bank’s backing. On Tuesday, PBOC assured the Chinese people that digital asset will not be used to pry into their privacy. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Fed: Focus on Powell’s testimony – Deutsche Bank FX Street 3 years Cryptocurrency trading is blacklisted in China despite the open support for blockchain. The soon to be launched central bank-backed digital asset is in the testing phase. China's Bitcoin and blockchain news have been headlining most of the cryptocurrency news in the past couple of weeks. However, the central bank says that it is yet to authorize any form of trading in digital currencies. The government of China is grinding towards the launch of its own national digital currency. The launch date for the coin is, however, unknown. Besides, the People's Bank of China says that the digital asset is still… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
