Tag Archives: Huobi
- BTCC joins China’s major exchanges in resuming bitcoin withdrawals
June 2, 2017
China’s withdrawal freeze has finally come to an end. BTC China, the last of the so-called Big 3 exchanges in China, has also resumed cryptocurrency withdrawals on its platform. Bobby Lee, chief executive of BTC China, said in a statement that the exchange has started “testing” withdrawals following the upgrades...
- OKCoin ends China’s bitcoin withdrawal freeze
June 1, 2017
After months of delay, China’s largest bitcoin exchange by trade volume, OKCoin, has finally resumed withdrawals on its platform. Chinese cryptocurrency news source cnLedger tweeted that it has “received report that OKCoin (CN site) resumed withdraws! W/d limit based on vip level, starting from 10BTC/200LTC/1000ETH daily.” It has been more...
- Lack of AML regulation blocks bitcoin from achieving legal status in China
April 28, 2017
After weeks of keeping mum regarding digital currencies like bitcoin, the People's Bank of China (PBoC) is back in the headlines—to give more grim news about the legal status of cryptocurrency in China. Huang Yusong, a staff member of the Chinese central bank, was quoted by several media outlets saying...
- Huobi wants Chinese bitcoin users to explain source of funds
March 22, 2017
One of China’s “Big 3” exchanges is demanding its bitcoin users to specify the origins of their funds, Chinese media outlets reported. According to CNLedger.com, users of Huobi were recently asked to identify where they got their funds, provide bank transfer records of moving funds from a legitimate bank to...
- Huobi to resume bitcoin withdrawals amid increased PBoC scrutiny
March 8, 2017
Customers of Chinese digital currency exchange Huobi will soon be able to withdraw bitcoin from their accounts. In a statement posted on its website, Huobi announced that its bitcoin withdrawal service will commence “once approved by the regulatory body.” The announcement comes less than a month after Huobi, along with...
New Japan law recognizes bitcoin as method of payment
March 31, 2017