BTC CHINA ALERT... Mainland China Accounts can fund and withdraw via banks

[cbutters]

This just released with a date of 3/28/2014

https://vip.btcchina.com/page/notice20140328

Looks like alternative options for funding available and different user accounts for mainland china and international bank acccount holders.



Which user account type should I select?

If you have a bank account opened in Mainland China, please select Mainland China account. Otherwise, please select International account.

Please note: Once this is set, it cannot be changed.



What is the difference between the two account types?

Mainland China account can:

Fund through: 1. Yi Jin Dong 2. Bank Transfer 3. BTCC Voucher

Withdraw to: 1. BTCC Voucher 2. Bank Account

International account can:

Fund through: 1. BTCC Voucher

Withdraw to: 1. BTCC Voucher

Note: For CNY fund/withdraw assistance, please email us at voucher@btcchina.com.



Are the BTCC Voucher for the two account types the same?

No. The BTCC Voucher withdrew to Mainland account users cannot be funded into International account users, and vice versa.

I'm not sure what this means exactly, but it looks like a response to the PBOC issue... someone correct me if I'm wrong.

At the very least.. it CLEARLY says

Mainland China account can:

Fund through: 1. Yi Jin Dong 2. Bank Transfer 3. BTCC Voucher

Withdraw to: 1. BTCC Voucher 2. Bank Account



THIS SEEMS TO VERIFY THAT BANK ACCESS WILL CONTINUE TO BE AVAILABLE FOR MAINLAND CHINA ACCOUNTS!

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[threecats]

Could this also be a way of culling their client base into two groups, which would be a necessary first step in dealing with the ban if it is real?

[cosmofly]

China ban is real I have some info will update soon

[rebuilder]

China ban is real I have some info will update soon

Nice of you to give us advance notice. Is your savant friend skilled in remote viewing, by any chance?

[Sawadekub]

21st march.. btcCHINA ceo said that china did not really ban bitcoin..

dude use your brains... u think huobi ceo + litecoin CEO + btcchina CEO do not have friends from the goverment?

of course they do.. so do u think they will have the news first or the corrupted reporters that will report for $ that tells the truth??


its like if your the MANAGER if there is any news.. do u think the director of your department will tell the manager first or your staff or your cleaner?

of course your manager will know first, not your mum or dad !!

wake up.. use some IQ please.. of course the damn bloody news is fake...ITS A FUD.. so dont get FK up by a FUD...

[Easy2Mine]

This is actually good news.
Finally they found a way of stopping renminbi leaving the country and dollars goes into the country.
Everybody wins.
BTC can continue to set higher records.

[Sawadekub]

Yay!! I guess china is not banning bitcoin
And i think that btcchina ceo have friends in the goverment

[Siegfried]

This just released with a date of 3/28/2014

https://vip.btcchina.com/page/notice20140328

Looks like alternative options for funding available and different user accounts for mainland china and international bank acccount holders.



Which user account type should I select?

If you have a bank account opened in Mainland China, please select Mainland China account. Otherwise, please select International account.

Please note: Once this is set, it cannot be changed.



What is the difference between the two account types?

Mainland China account can:

Fund through: 1. Yi Jin Dong 2. Bank Transfer 3. BTCC Voucher

Withdraw to: 1. BTCC Voucher 2. Bank Account

International account can:

Fund through: 1. BTCC Voucher

Withdraw to: 1. BTCC Voucher

Note: For CNY fund/withdraw assistance, please email us at voucher@btcchina.com.



Are the BTCC Voucher for the two account types the same?

No. The BTCC Voucher withdrew to Mainland account users cannot be funded into International account users, and vice versa.

I'm not sure what this means exactly, but it looks like a response to the PBOC issue... someone correct me if I'm wrong.

At the very least.. it CLEARLY says

Mainland China account can:

Fund through: 1. Yi Jin Dong 2. Bank Transfer 3. BTCC Voucher

Withdraw to: 1. BTCC Voucher 2. Bank Account



THIS SEEMS TO VERIFY THAT BANK ACCESS WILL CONTINUE TO BE AVAILABLE FOR MAINLAND CHINA ACCOUNTS!

I just noticed that neither account type lists the option to withdraw BTC. Not allowing BTC withdrawals would satisfy the government's concern about capital flight, but would make it totally useless for buying BTC. Could they really be planning to disable BTC withdrawals as part of their business plan adjustment?