{"id":938,"date":"2017-09-14T12:43:59","date_gmt":"2017-09-14T12:43:59","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=938"},"modified":"2017-12-17T22:54:33","modified_gmt":"2017-12-17T22:54:33","slug":"news-btc-china-to-stop-trading-dubai-ico-warning-me-in-heise-technology-review","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2017\/09\/14\/news-btc-china-to-stop-trading-dubai-ico-warning-me-in-heise-technology-review\/","title":{"rendered":"News: BTC China to stop trading, Dubai ICO warning, me in Heise Technology Review"},"content":{"rendered":"<ul>\n<li><a href=\"https:\/\/twitter.com\/YourBTCC\/status\/908285586368167936\">BTC China on Twitter<\/a>: &#8220;After carefully considering the announcement published by Chinese regulators on 09\/04, BTCChina Exchange will stop all trading on 09\/30.&#8221; (<a href=\"https:\/\/mp.weixin.qq.com\/s\/M5_pcqKOT9Em3ZccKb7Iiw\">Announcement in Chinese<\/a> on QQ.) <a href=\"https:\/\/twitter.com\/YourBTCC\/status\/908285663924985856\">Other products<\/a> are not affected. This is the end of an era \u2014 BTCC was the first Chinese exchange, and presently handles <a href=\"https:\/\/bitcoinity.org\/markets\/list?currency=ALL&amp;span=7d\">over 10% of global Bitcoin trade volume<\/a>. The Shanghai Financial Office has apparently issued a <a href=\"http:\/\/m.yicai.com\/news\/5345296.html\">&#8220;verbal order&#8221;<\/a> (<a href=\"https:\/\/translate.google.com\/translate?sl=auto&amp;tl=en&amp;js=y&amp;prev=_t&amp;hl=en&amp;ie=UTF-8&amp;u=http%3A%2F%2Fm.yicai.com%2Fnews%2F5345296.html&amp;edit-text=\">translation<\/a>) to local exchanges to stop trading by the end of the month.<\/li>\n<\/ul>\n<ul>\n<li>It&#8217;s the fashion: even the Dubai Financial Services Authority is <a href=\"https:\/\/www.khaleejtimes.com\/dfsa-urges-caution-over-cryptocurrencies\">warning about ICOs<\/a>.<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-939\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/09\/gerard-heise.jpg\" alt=\"\" width=\"212\" height=\"282\" \/><\/li>\n<\/ul>\n<ul>\n<li>An <a href=\"https:\/\/www.heise.de\/select\/tr\/2017\/10\/1506275321431988\">interview with me<\/a> about why smart contracts are an ill-conceived idea, in <i>Heise Technology Review<\/i>, Oktober 2017 (in German, <a href=\"https:\/\/shop.heise.de\/katalog\/manche-verstehen-nicht-wofur-es-gesetze-gibt\">paywalled for now<\/a>). I&#8217;ll post my original answers in English when it goes off sale. Well done to the designer for that bubble-popping graphic! I like to think I&#8217;m doing my part. <b>Update:<\/b> <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/12\/03\/smart-contracts-article-in-heise-technology-review-oktober-2017-original-interview-in-english\/\">Original interview in English<\/a>.<\/li>\n<\/ul>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The bubble has to pop some time, and why not now.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[12,78,5,79,9,6],"class_list":["post-938","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-attack-of-the-50-foot-blockchain","tag-btc-china","tag-dubai","tag-heise-technology-review","tag-ico","tag-links"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=938"}],"version-history":[{"count":19,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/938\/revisions"}],"predecessor-version":[{"id":3213,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/938\/revisions\/3213"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}