Life After China's Exchange Ban - Bitcoin News

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China's Bitcoin Exchanges Are Shifting Business Models

China's Bitcoin Exchanges Are Shifting Business Models submitted by NEO2MOON to NEO [link] [comments]

China Bitcoin exchanges to allow withdrawal in June

China Bitcoin exchanges to allow withdrawal in June submitted by 8btccom to Bitcoin [link] [comments]

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline submitted by LTC_user to litecoin [link] [comments]

Big China bitcoin exchange says no government pressure on outflows

Big China bitcoin exchange says no government pressure on outflows submitted by _smudger_ to Bitcoin [link] [comments]

China Bitcoin Exchanges Huobi said they have received NO notice from PBOC. Business as usual.

http://finance.jrj.com.cn/2014/03/27101116938690.shtml dated 3/27/2014 10:11am Beijing time (3/26 10:11pm US EDT) In this report, the reporter claimed he called a person in charge of Huobi and BTCTrade CEO, both denied they have received any notice from PBOC. Currently, they are doing business as usual.
submitted by polarbear8809 to Bitcoin [link] [comments]

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline submitted by sergchernata to NEO [link] [comments]

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline submitted by Lukovka to bitcoin_uncensored [link] [comments]

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline submitted by bitbc to Bitcoin [link] [comments]

China Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown

China Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown submitted by wwelover_1 to Bitcoin [link] [comments]

BTCC Chief Bobby Lee on SegWit2x and China's Bitcoin Exchange Ban

BTCC Chief Bobby Lee on SegWit2x and China's Bitcoin Exchange Ban submitted by Lukovka to bitcoin_uncensored [link] [comments]

China's Bitcoin Exchanges Must Close Today!

China's Bitcoin Exchanges Must Close Today! submitted by myluxurybed to CryptoCurrency [link] [comments]

Security Engineer Sentenced to 3 Years in Prison After DDOSing China Bitcoin Exchanges For 66 BTC

Security Engineer Sentenced to 3 Years in Prison After DDOSing China Bitcoin Exchanges For 66 BTC submitted by 8btccom to btc [link] [comments]

Top China Bitcoin exchange to stop trading

Top China Bitcoin exchange to stop trading submitted by Scerdoo to Bitcoin [link] [comments]

China Bitcoin exchanges to allow withdrawal in June

China Bitcoin exchanges to allow withdrawal in June submitted by 8btccom to btc [link] [comments]

China bitcoin exchange plots future after crackdown

China bitcoin exchange plots future after crackdown submitted by waspoza to Bitcoin [link] [comments]

Close Today: China's Bitcoin Exchanges Receive Shutdown Orders LOL

China's bitcoin and cryptocurrency exchanges have received instruction that they will need to voluntarily shut down by September 15.
According to both leaked documents and statements from local exchange executives, issued on condition of anonymity, China’s regulators have now issued verbal directives indicating how they expect the businesses to wind down operations due to the fact that they are operating domestically without a formal license.
A document leaked on Chinese social media, translated below, lists a series of steps the exchanges must undergo during that closure. While not received directly by exchange executives surveyed, the document is reportedly consistent with verbal guidance.
Issued by the office of the Leading Group of Beijing Internet Financial Risks Remediation, the document outlines how exchanges will need to coordinate with local regulators following their announcements, listing how they should handle customer data and banking relationships.
Already, however, two exchanges – BTCC and ViaBTC – have announced their closure, both citing the regulatory statement issued by authorities on September 5.
While not all China-based exchanges have formally indicated that they will shut down, one exchange executive indicated that more announcements will be forthcoming in light of the order. Exchanges Huobi and OKCoin are said to have met with regulators today, and are expected to announce plans to shut down within hours.
Representatives from Huobi and OKCoin did not respond to requests for comment at press time.
The full translated document reads:
1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.
2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.
3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.
4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing.
5. Exchanges shall report their developments daily to local authorities before the clearing is completed.
6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.
The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017
All times listed are Beijing local time.
submitted by sabbir2world to dogecoin [link] [comments]

BTCC Chief Bobby Lee on SegWit2x and China's Bitcoin Exchange Ban

BTCC Chief Bobby Lee on SegWit2x and China's Bitcoin Exchange Ban submitted by Lukovka to CryptoCurrencies [link] [comments]

China's Bitcoin Exchanges Must Close Today! The bad news keeps coming as prices keep on falling! Stay strong people

China's Bitcoin Exchanges Must Close Today! The bad news keeps coming as prices keep on falling! Stay strong people submitted by myluxurybed to CryptoCurrencyTrading [link] [comments]

China's Bitcoin Exchanges Shift to P2P Model After Crackdown

China's Bitcoin Exchanges Shift to P2P Model After Crackdown submitted by JROCKvsKPOP to CryptoMarkets [link] [comments]

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline submitted by audiolopez to Stellar [link] [comments]

China Bitcoin Exchange Ban to Extend to OTC Trading, Maybe Mining: WSJ

China Bitcoin Exchange Ban to Extend to OTC Trading, Maybe Mining: WSJ submitted by dagreatdanton99 to btc [link] [comments]

Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official

Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official submitted by BTCNews to BTCNews [link] [comments]

Cryptocurrency News 2020 - China's Digital Coin Is Explosive. Bitcoins Future. CoinZoom Digital Exch China Theory Comes True & A New Bitcoin Prediction Bitcoin Price: Chinese New Year and Wuhan Coronavirus #893 Gemini Exchange Coup mit Samsung & China Bitcoin vererben BITCOIN ROARING 2020?! China, Mining, Open Source - Programmer explains

news.Bitcoin.com: With government clamping down globally on exchanges, like the China exchange ban, U.S. shutting down BTC-e, what advice do you have for retail investors who are often on the ... 2. How Popular is Bitcoin in China? In February 2017, the Chinese regulatory bodies joined forces and started a crackdown on Chinese cryptocurrency exchanges, leading to a massive drop in BTC price globally.However, Bitcoin still has noticeable market activity in China, despite the various regulatory limitations imposed by the government. China’s Digital Currency Could Challenge Bitcoin and Even the Dollar . Authorities are testing a new kind of money in four cities. Bloomberg News. June 1, 2020, 4:00 PM EDT From . Illustration ... Bitcoin Banken in China Inzwischen wird sehr deutlich wohin die chinesische Regierung mit ihrem nationalen Bitcoinmarkt will. Nachdem es im neuen Jahr bereits mehrfach Meldungen über mögliche Regulierungen durch die PBoC (Volksbank von China) gegeben hat, wurde nun sogar einigen Bitcoin-Wechselbörsen ihr Status als „Bitcoin Exchange“ aberkannt. Bitcoin News: Bitcoin Banken in China ... Exchange one asset for another in our advanced and secure Bitcoin exchange. The best place to buy, sell and trade your cryptocurrencies. Start your trading journey today. Making cryptocurrency trading accessible to everyone, anywhere in the world. Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and many more digital assets. Start trading Sign in to your account. Atari Token Public ...

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Cryptocurrency News 2020 - China's Digital Coin Is Explosive. Bitcoins Future. CoinZoom Digital Exch

Vera Trading: Live Bitcoin Price Chart and Live Bitcoin Trading with Crypto Robot DeriBot. ... Dollar Liquidity Crisis: The End Game for China (w/ Brian McCarthy) - Duration: 35:05. Real Vision ... Bitcoin begins its downwards tumble back to the $6k levels. Angelo BTC and his Bitcoin 6k prophecy is looking more like a reality day by day. Fundamentally why will this happen? CHINA! China wants ... willkommen zur Bitcoin-Informant Show Nr. 893. Heute sprechen wir über folgende Themen: Gemini Exchange gelingt Coup mit Samsung & In China können Kryptowährungen legal vererbt werden. The Bitcoin price have dropped. Is this because of the Chinese New Year which has has historically had a strong influence on cryptocurrency prices? BTC prices have traditionally decreased in the ... Breaking: China To Shutter All Bitcoin Exchanges with Simon Dixon of Bank To The Future - Duration: 34:05. The Dollar Vigilante 60,467 views. 34:05 . Pomp Podcast #251: Mark Yusko on How we got to ...

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