Tag Archives: PBOC
- 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...
- 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...
- New rules require China’s bitcoin exchanges to verify customer identity
March 17, 2017
Bitcoin exchanges in China may soon be required to identify their clients. The People’s Bank of China (PBoC) recently circulated new guidelines, which would subject domestic bitcoin exchanges to current banking and anti-money laundering laws. In addition, the exchanges would also be required to collect information to identify their clients,...
- 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...
- Chinese exchange BitKan stops signups, limits bitcoin trading
February 15, 2017
Another Chinese bitcoin exchange has been forced to make several changes as the People's Bank of China (PBoC) continues its crackdown in the digital currency space. Shenzhen-based bitcoin marketplace BitKan is the latest platform to announce that it will halt new registration as the company upgrades its anti-money laundering (AML)...
- PBoC requirements pushes China’s HaoBTC to close exchange
February 14, 2017
The Chinese central bank’s crackdown on domestic bitcoin exchanges has claimed its first casualty. Bitcoin company HaoBTC announced that it is shuttering its bitcoin exchange operation effective Feb. 15, while RMB deposits will close on Feb. 17. Any open orders by 14:00 local time on those dates will be canceled...
When we say Bitcoin, we mean Bitcoin Cash
October 17, 2017
‘Game of skill’ allows users to bet on bitcoin price movements
September 1, 2017
New Japan law recognizes bitcoin as method of payment
March 31, 2017
Roger Ver bets $1M that Bitcoin Cash will not be ‘short-lived’
September 22, 2017