BTCC joins China’s major exchanges in resuming bitcoin withdrawals
BTC China, the last of the so-called Big 3 exchanges in China, has also resumed cryptocurrency withdrawals on its platform.
BTC China, the last of the so-called Big 3 exchanges in China, has also resumed cryptocurrency withdrawals on its platform.
After weeks of keeping mum regarding digital currencies like bitcoin, the People's Bank of China (PBoC) is back in the headlines
The PBoC recently circulated new guidelines, which would subject domestic bitcoin exchanges to current banking and anti-money laundering laws.
Customers of Chinese digital currency exchange Huobi will soon be able to withdraw bitcoin from their accounts.
Another Chinese bitcoin exchange has been forced to make several changes as the People's Bank of China continues its crackdown in the digital currency space
Bitcoin company HaoBTC announced that it is shuttering its bitcoin exchange operation effective Feb. 15, while RMB deposits will close on Feb. 17.
Mounting pressure from central bank authorities has forced leading bitcoin exchanges in China to suspend withdrawals of the cryptocurrency.
The People’s Bank of China (PBoC) is laying out the ground rules for companies dealing with digital currency in the country.
China’s central bank now intends to continue its on-site inspections of bitcoin companies in the country.
The central bank’s crackdown on bitcoin exchanges has forced two of the leading digital currency platforms in China to overhaul their service offerings.