Post Profile






China's 2nd Biggest Bitcoin Exchange Responds To Report Beijing Is Shutting All Virtual Exchanges

One day after Bitcoin crashed on a massive surge in volume, following a report in China's Caixin website that Chinese authorities plan to shut local Bitcoin exchanges.... ... there is still far more confusion than clarity about what is really going on in China: so far there has been no official statement from either the PBOC or China's financial regulator, confirming or denying the report, which spooked millions of Chinese bitcoin (and ethereum and litecoin) holders into dumping their digital currencies.
read more

share

Related Posts


China Is Said to Ban Bitcoin Exchanges While Allowing OTC

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week...."Trading volum...

China Plans to Shut Down Bitcoin Exchanges

Politics / US Politics : Kevin Drum

Over the past year Bitcoin has soared in value, largely due to its popularity in China, one of the world hubs of Bitcoin mining and trading. Unfortunately for Bitcoin, the Chinese government is not a fan of cryptocurrencies, which a...

Bitcoin Crashes On Massive Volume As China Plans To Shut Local Exchanges

Business & Finance : Zero Hedge

Having bounced back dramatically from the 20% plunge following China's ban of ICOs, Bitcoin is getting battered again this morning on very heavy volume as Caixin reports Chinese authorities plan to shut local Bitcoin exchanges. The ...

Confusion Grows Over China "Bitcoin Exchange Ban": 3 Largest Exchanges Have Not Received Any Official Notice

Business & Finance : Zero Hedge

Bitcoin continues to hover near last week's post-ICO-ban lows having given up the rebound gains on headlines proclaiming China plans to shut local Bitcoin exchanges - a problem since the country accounts for 23% of global trading. H...

China to Shut Bitcoin Exchanges

Technology : Tech - WSJ.com

Chinese authorities plan to shut down domestic bitcoin exchanges, delivering a final blow to the once-thriving industry of commercial trading for virtual currencies.

Comments


Copyright © 2016 Regator, LLC