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RE: The WAR on Cryptocurrency Is Heating Up: TODAY Chinese Government Bans ALL ICO's In China. Like The "Land Of The Free" Whats Next? Is This For Our Own Good?
They want to force crypto startups to enter, depend, and be approved through there markets (banks, etc.) This will essentially give jurisdiction to them, "the one who legislates is the God of that people."
Yup, classic government tactics.