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Chinese Arbiter Says Crypto Crackdown Doesn’t Mean A BTC Ban

The Chinese Arbiter from Beijing tried to clarify the government’s stance on Bitcoin and stated that the world’s most controversial crypto ban is not a ban per se. In our latest bitcoin news today, we try and find out what exactly does a ban mean. In an unprecedented move from the Chinese legal body, the Beijing Arbitration Commission or the Chinese arbiter, one of the nine government bodies that were initially established to police courts in 1995, issued a statement on bitcoin and its legal standing in a newsletter, saying that rather than enforcing a ban, China has no laws…

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