Tencent Technology reports that the authority decides to shut down all Bitcoin exchanges that register in mainland China. Star Xu, CEO of OKCoin, comforts the staff that the Company is actively seeking non-fiat business and application for license in Japan, Korea and USA is ongoing. Back in May 2017, CSRC plans to shut down exchanges of various businesses, including Bitcoin trading exchanges. The sheer number of capital and participants of ICO might just expedite the process.
A leaked chatlog from the OKCoin staff (283 members) shows that Star Xu, CEO of OKCoin, assured the staff that company would continue operation. He said:
http://news.8btc.com/okcoin-ceo-innovation-doesnt-evolve-in-a-straight-line
