Seven departments including the National Internet Finance Association of China have issued a risk warning on preventing illegal activities involving virtual currencies.

In fact, currently the cryptocurrency market is not only restricted in China, but the US is also preventing its citizens from participating. Many project websites block IPs from certain regions in the US. Of course, the reasons for the restrictions differ between the two countries. China’s ban is because the decentralized nature of virtual currencies conflicts with our core values. The US likely hasn’t figured out how to tax it yet—once they do, they’ll probably open it up. #广场发帖领$50