China to Shut Bitcoin Exchanges - News Summed Up

China to Shut Bitcoin Exchanges


BEIJING—Chinese authorities plan to shut down domestic bitcoin exchanges, delivering a final blow to a once-thriving industry of commercial trading for virtual currencies, which took off inside the mainland four years ago. The country’s central bank has led a draft of instructions that would ban Chinese platforms from providing virtual currency trading services, according to people familiar with the matter. The move comes after...


Source: Wall Street Journal September 11, 2017 03:33 UTC



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