16 September 2019

Financial institutions barred from bitcoin services, Caixin says

Financial institutions such as banks and third-party payment firms are barred from providing services for bitcoin trading, and the firms have been ordered to close any existing bitcoin trading accounts by April 15, reported Thursday, citing a central bank source and a recent document from the People’s Bank of China. The document is said to have identified 15 major Chinese bitcoin trading websites, including, and, on a block list. However, two unnamed bitcoin trading platforms on the block list said on Wednesday that they were not aware of the PBoC document, the report said.

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