Chinese Bitcoin Exchange BTCC to Suspend All Trading on Sep 30

img

Bhopal: 14/09/2017, In significant news coming out of China, one of the country's "big three" exchanges, BTCC, has announced it will stop trading of cryptocurrencies this month.

Shanghai-based BTCC wrote on social media:

After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina will stop all trading on 09/30.








The cryptocurrency exchange, one of the earliest trading platforms in China and the world, added that other products and services, including mining operation BTCC Pool will not be affected by the change.

On September 4, the Peopleís Bank of China, Chinaís central bank, announced a sweeping blanket ban on all initial coin offerings (ICOs), a radical new form of fundraising facilitated by cryptocurrencies.

Posted By: DD          Views: 5091                  

Some More News

img

Aliens or solar flare? Questions remain as Sunspot Observatory partially reopens after FBI closure

Part of the New Mexico space observatory has reopened, following its sudden FBI closure due to an un

read more
img

Europe working on payment system alternative

Europe working on payment system alternative to SWIFT & IMF to attain financial independence from US

read more
img

IL & FS Skills organizes an Industry Partner's Meet

IL & FS Skills Skills Development Corporation Limited (IL & FS Skills) organizes an Industry Partner

read more
img

Cryptocurrency Regulatory Committee May Have Guidelines In Place By September

after the disappointing outcome pertaining to the Reserve Bank of India v/s Indian cryptocurrency ex

read more
ÔĽŅ