From hater to embracer (sort of): China’s U-Turn on cryptocurrencies

From hater to embracer (sort of): China’s U-Turn on cryptocurrencies – Stockhead

For many months China seemed to be waging war on cryptocurrencies. But now things are turning around. Last year, censors shut down several cryptocurrency media outlets and exchanges and prevented hotels and offices from hosting promotional events. ICOs made illegal by regulators. In April this year it proposed a ban on bitcoin mining.