And if you have been living somewhere other than cyberspace, they are called Bitcoin or Block Chain. China Exchanges Resume Allowing Bitcoin Withdrawals, reports the Wall Street Journal. "Bitcoin exchanges in China are again allowing withdrawals of the virtual currency, having upgraded their systems in response to heightened government scrutiny." Bsiness Insider reported in December, 2016: The increased volume in the cryptocurrency comes as money continues to rush out of China. The drop in reserves has occurred as China's currency, the yuan, weakened by 6% against the dollar in 2016.
Source: Wall Street Journal June 11, 2017 18:02 UTC