These are the highest gains for the day in percentages :)
And if you are wondering about the missing 100 billion on the market cap
I give you,
China Looks to Ban Centralized Cryptocurrency Trading: Reports
https://theonlinetech.org/2018/01/16/china-looks-to-ban-centralized-cryptocurrency-trading-reports/
A little over a year after China began its crackdown on the local cryptocurrency ecosystem, that scrutiny is now set to escalate further.
Notably, smaller peer-to-peer transactions in bitcoin or other cryptocurrencies won’t see any scrutiny, according to the report.
Vice Governor Pan Gongsheng urging the government to enforce a complete ban on centralized trading. The memo from the meeting, held among internet regulators and other legislators last week, also has Pan suggesting local and national authorities target centralized cryptocurrency trading venues and the wider bitcoin services industry.
Platforms who provide cryptocurrency payment services ought to be sanctioned, Pan added. Concerned about China’s capital flight, the central banker also called on authorities to investigate remittance and money transfer services that help citizens move funds offshore.
Further, Pan also doubled down on China’s recently reported clampdown on domestic cryptocurrency miners.
According to the memo, he told assembled regulators and policy-makers:
“Pseudo-financial innovations that have no relationship with the real economy should not be supported.”
So what do you think?
I for one don't care much, I've seen this for long enough to know the Chinese will just reinvest in Bitshares, sad for Binance tho :| It's really sad how things have gone for them, they were the first to adopt the crypto and the first to get hammered from their banking sector. This is just a continuation, it's interesting to see that NEO is one of the top currencies for the day, I hope the Chinese can reason their government into some decency, although I won't bet on that happening.
