CARD • Common

China Ban

China Ban
Rarity
Common
Year
2021
Collection
Base Hockey Cards

Summary

China has repeatedly announced bans on cryptocurrency activities. In 2021, it enforced a complete ban on crypto mining and trading, pushing miners overseas.

Timeline

  • 2013-12
    China issues its first major ban on Bitcoin transactions.
  • 2017-09
    China bans ICOs and closes domestic exchanges.
  • 2021-09-24
    China declares all cryptocurrency transactions illegal.

Sources