5th May,Fujian-According to the official release of China Securities Regulatory Commission ( CSRC), a meeting on rectifying various exchanges was held in Fujian province. The meeting was hosted by Liu Shiyu, the Chairman of CSRC, and therefore considered the highest level of meeting. Usually it represents the voice from the top. Regulatory requirements and compliance instructions released through such meeting would impact various exchanges across the country. Bitcoin exchanges are no exception.
http://news.8btc.com/csrc-to-shut-down-illegal-exchanges-bitcoin-platform-might-be-impacted
