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Local => Press & News from India => Topic started by: polynesia on January 10, 2017, 01:34:45 AM



Title: [2017-01-09] Firstpost: Big China bitcoin exchange says no government pressure
Post by: polynesia on January 10, 2017, 01:34:45 AM
Big China bitcoin exchange says no government pressure on outflows

http://www.firstpost.com/fwire/big-china-bitcoin-exchange-says-no-government-pressure-on-outflows-reuters-3195988.html

The head of a major bitcoin exchange in China says few people there use the cryptocurrency to get around rules on how much money they can take out of the country, and despite a publicized meeting with the central bank last week the exchange, BTCC, hasn't been told explicitly to check capital outflows.Bitcoin's price took a steep dive on Friday after China's central bank cautioned investors to take a rational and careful approach to investing in the digital currency. The price had surged to record highs.