Published on September 15th, 2017 | by bitcoin0
must close by septemper
“All” Chinese virtual currency exchanges must stop trading to remain compliant, regulators have announced.
Information slowly appearing from China appears to confirm that trading will no longer be legal for Bitcoin-to-fiat platforms.
Beijing market regulator requires all virtual currency exchanges (ie.
— Luna Lin (@LunaLinCN) September 15, 2017
Bitcoin prices are already reacting, with 24-hour losses approaching 21% at $3000.
Cryptocurrency CEOs have reacted to BTCChina and now other exchanges shutting down with firm plans for the future.