Will Chinese Bitcoin Exchanges Shut Down

Jan 15, 2018. Chinese authorities will also target individuals and companies that provide market-making, settlement and clearing services for centralized trading, Bloomberg reported. Last year, Chinese regulators banned initial coin offerings, shut down local cryptocurrency trading exchanges and limited bitcoin mining.

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Sep 15, 2017  · 2 of China’s biggest cryptocurrency exchanges are shutting down trading — but bitcoin is soaring

Nov 29, 2017  · The circumstances under which Chinese exchanges were shut down and forced out of the country are unknown, and none of the exchanges…

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Sep 14, 2017  · Bitcoin continued to tumble Thursday, trading down 13.6% to $3,362 per dollar at 1:52 p.m. ET, after Chinese media reported that the country’s regulators.

Reuters and other media reported earlier this week that it planned to shut down the exchanges. Shanghai-based BTCChina, a major Chinese bitcoin exchange, said on Thursday it would stop all trading from September 30th, citing.

Chinese bitcoin miners are the latest tranche of the country’s cryptocurrency community to be hit by restrictions. This time it’s not the government but a.

China’s clampdown on cryptocurrencies has reportedly taken a new direction – to close down local bitcoin exchanges.

Jan 4, 2018. In the middle of last year, it had to shut down all commerce with Chinese customers because of a move by the country's government to ban cryptocurrency trading. After all of this, the exchange's CEO — Bobby Lee — considers that the Chinese government will eventually reverse its decision. “One day, I.

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NEW YORK – Two of the largest cryptocurrency exchanges in China, OKCoin and Huobi, have released statements.

Will Chinese Bitcoin Exchanges Shut DownApr 12, 2013  · Chinese authorities are ordering domestic bitcoin exchanges to shut down, delivering a heavy blow to once-thriving trading hubs that helped popularize the.

Sep 15, 2017  · All Chinese bitcoin exchanges have been told to announce by midnight Friday when they will shut down, according to prominent Chinese business publication.

Nov 17, 2017. As bitcoin exchanges in China shut down, public trading volumes of Chinese Yuan became literally zero; therefore, any news from China related to Bitcoin should be irrelevant to the price. Bitcoin's ferocious bounce-back to nearly $8,000 in mid-November 2017, an all-time high, confirmed the point that no.

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Two of China’s largest exchanges for buying and selling Bitcoin, OKCoin and Huobi, announced on Friday that they will stop trading Bitcoin for Chinese yuan effective immediately. The reason, the exchanges stated, is to comply with.

Sep 14, 2017 · Regulators have ordered Chinese bitcoin exchanges to close, two business newspapers reported Thursday, after uncertainty about the digital currency's.