Published on September 15th, 2017 | by bitcoin0
China gives Huobi and Okcoin an extra month as Bitcoin bounces back $400
The latest news from China has ‘sweetened’ reports all exchange should close by September 30, giving Huobi and Okcoin an extra month of life.
Reports from local news outlet Caixin suggest the two exchanges’ lack of ICO offerings was one of the factors allowing them to continue operating longer than others.
Okcoin and Huobi can stay open 1 month longer.
The highly volatile Bitcoin market reacted almost instantly to the news, climbing around $400 in minutes from lows of $2972.
Official confirmations are still yet to surface regarding obligatory closure for remaining exchanges by September 30.