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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Could chinese exchanges use ripple to get around bank severing?
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notig (OP)
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December 19, 2013, 02:54:46 AM
 #1
Just curious how possible it is for chinese exchanges to get around not being able to fund with dollars by using ripple
Sukrim
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December 22, 2013, 09:01:28 PM
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Most likely yes, it depends on the legal situation of gateways though. It will probably be much easier/legal to run a Ripple gateway that just deals with CNY than to run an exchange that also holds BTC.
https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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