Date
21 September 2017

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, Caixin.com 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 BTCChina.com, Huobi.com and OKCoin.com, 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.

– Contact HKEJ at [email protected]

MY/AC

EJI Weekly Newsletter

Please click here to unsubscribe