Some quotes
"Huobi indicated in its post that it is “actively developing business cooperations with onshore financial institutions”, and that it has “reached agreements with many institutions to ensure that Huobi can have normal RMB deposits and withdrawals”
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Huobi issues warning to PBOC
Of the two responses, Huobi’s was perhaps the best at putting the events in general context, stating that it believes the PBOC is tightening restrictions due to concerns about money laundering and the security of its domestic financial system.
The statement suggested that the PBOC should be careful not to force its exchanges to close down or relocate abroad, arguing that exchanges would be the easiest points in the system to regulate.
Read the statement:"
“If online trading platforms that are following the rules have to stop services, bitcoin transactions will go offline where they will be unmonitored, and will result in even more difficulty regulating.”
The news follows the 11th April statements made by PBOC governor Zhou Xiaochuan, who said that the central bank will not ban bitcoin despite its latest policy shift.
http://www.coindesk.com/chinese-bitcoin-exchanges-prepare-to-move-operations-overseas/
