“BTC China and OKCoin, China’s two largest exchanges by volume, both eliminated the free trading they’ve offered for most of the past two months.  CNY exchanges likely also saw significant capital flight yesterday as traders looked to secure their funds before payment processors remove their ability to transact seamlessly. If the rumors turn out to be unfounded, the discount of CNY markets relative to USD would likely trend closer the norm over time.  Yesterday was one of the few days in the past six weeks where USD volume outpaced CNY. Notably, the same also occurred on December 6, following the original PBOC announcement.”

http://thegenesisblock.com/bitcoin-falls-20-pboc-rumors-chinese-exchanges-reinstate-fees/

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