As the world becomes increasingly digital, traditional gifting practices are evolving to incorporate the latest technological advancements. The rise of cryptocurrencies has sparked a new wave of innovation in the gifting industry, and Codego is leading the way. With its groundbreaking launch of crypto gift cards, Codego is revolutionizing the way we give and receive gifts. These gift cards offer a unique and convenient solution, bridging the gap between traditional gifting and the world of digital assets. Unveiling a New…
Crypto Assets Banned in China
Why is it a Bad Idea For China to Ban Operations of Other Crypto Assets
Government and monetary bodies in China continue to oppose the existing cryptocurrencies in the market, dismissing them as any form of legal tender. The crypto restrictions came into the spotlight in 2013 when China's Central Bank blocked financial institutions from conducting any Bitcoin transactions. Trading platforms, exchanges, and ICOs followed suit as China prohibited any conversion and fundraising activities in 2017. According to the Chinese regulators, ICOs and crypto transactions are closely related to frequent fraudulent activities. As a result,…
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