Bitcoin Forum
July 10, 2024, 08:26:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-09-14]BTCChina will shut down on sept 30.  (Read 1503 times)
Simple8.1 (OP)
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
September 14, 2017, 03:53:22 PM
 #1

BTCChina announced tonight that they will stop all trading on Sept. 30, 2017 and Dragon TV aired that all domestic exchanges will be shut down.

After carefully considering the “Seven Regulatory Bodies’ Announcement on Preventing Risks Associated With Token Fundraising,” BTCChina has decided to:

1. Immediately stop accepting new account registrations on BTCChina Exchange.

2. Stop all trading on BTCChina Exchange on Saturday, September 30th.

We apologize for the inconvenience. Please note that BTCChina Pool is not affected; customers will still be able to use our mining pool services.
http://news.8btc.com/there-is-no-legal-basis-for-platforms-which-engage-in-the-trading-of-various-forms-of-virtual-currencies
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1074


View Profile
September 14, 2017, 04:29:06 PM
 #2

Do you remember what happened the last time the Chinese banned Bitcoin? The major exchanges were forced to close their

doors and they could only re-open once they adhered to the strict regulation that the Chinese regulators forced down on

them. I think this is round 2. The Chinese government wants to stop Capital flight and they can only do this, if they can

regulate the entities that are being used to do this. I would not get rid of my bitcoins, if I were a Chinese citizen.  Wink

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!