The Chinese government recently declared all cryptocurrency transactions illegal, causing cryptocurrency exchanges to cut ties with users from main The Chinese government recently declared all cryptocurrency transactions illegal, causing cryptocurrency exchanges to cut ties with users from mainland China. The Chinese central bank, together with other nine government agencies, declared on Friday that trading, token issuance, order matching, and cryptocurrency derivatives are now strictly forbidden. This not only includes local cryptocurrency exchanges, but also overseas exchanges that offer services through the internet. In the joint statement, the government stated that cryptocurrency trading disrupts economics and financial order and is related...