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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-05-17]AliPay Stuck in China’s ID Regulation; Opportunities for Bitcoin
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May 18, 2016, 09:20:29 PM
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AliPay Stuck in China’s ID Regulation; Opportunities for Bitcoin

China’s largest third-party payments system had high hopes for their international expansion over the next few months, but it looks like those plans have to be put on ice for the time being. The central bank of China has announced tighter restrictions on the funds kept in bank accounts, which hinders the growth of any company requiring liquidity...

http://www.newsbtc.com/2016/05/18/alipay-stuck-chinas-id-regulation-opportunities-bitcoin/
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