Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: notig on December 19, 2013, 02:54:46 AM



Title: Could chinese exchanges use ripple to get around bank severing?
Post by: notig on December 19, 2013, 02:54:46 AM
Just curious how possible it is for chinese exchanges to get around not being able to fund with dollars by using ripple


Title: Re: Could chinese exchanges use ripple to get around bank severing?
Post by: Sukrim on December 22, 2013, 09:01:28 PM
Most likely yes, it depends on the legal situation of gateways though. It will probably be much easier/legal to run a Ripple gateway that just deals with CNY than to run an exchange that also holds BTC.