No Exchanges Allowed in China - How Does Bitmain Cash Out Their BTC Back To RMB?

Bitcoin Forum > Economy > Marketplace > Service Discussion > No Exchanges Allowed in China - How Does Bitmain Cash Out Their BTC Back To RMB?

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Topic: No Exchanges Allowed in China - How Does Bitmain Cash Out Their BTC Back To RMB? (Read 136 times)

btc-haze (OP)

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No Exchanges Allowed in China - How Does Bitmain Cash Out Their BTC Back To RMB?

March 04, 2018, 12:22:40 PM

Most of their fixed cost and suppliers must be paid in fiat, probably RMB and USD.

How would they be cashing out ?

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Druiz287

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Re: No Exchanges Allowed in China - How Does Bitmain Cash Out Their BTC Back To RMB?

March 04, 2018, 04:14:29 PM

Remember when they opened offices in Switzerland? Notice around that time they accepted USD wire transfers for all transactions?

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