“Popular Chinese bitcoin exchange BTC China has restored a facility allowing customers to purchase bitcoin by depositing yuan into the exchange’s corporate bank account. The move reverses a decision in December to halt such deposits, which the exchange made in response to a Dec. 5 memo from the People’s Bank of China warning national financial institutions not to trade in bitcoin. Reached by phone in Shanghai, BTC China Chief Executive Bobby Lee said the change, which was implemented Thursday, was made after the company studied the PBOC memo and other rules that raised concerns about BTC’s banking activities.”
http://online.wsj.com/news/articles/SB10001424052702303743604579353783803642644
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Man throws away $500K in gold to spite ex-wife
Occupy Oakland protesters awarded $1 million over police brutality
Union's Pay Negotiations Play Big Role In Protests Over ‘Google Buses’
ICE abducts 146 workers in raid on Ohio meat facility
Big tobacco stubs out e-cigarette competitors
The cost to replace the 59 Tomahawk missiles Trump fired on Syria
Richest 400 Americans get richer
U.S. deficit now projected to top $1 trillion starting next year
Saudi Arabia agrees to ease Yemen blockade, facing mass starvation warnings
Judge reaffirms 'Constitution-free zones' near border
ECB corporate debt buys unexpectedly high in first full week
IRS Takes A Bite Out Of Bitcoin
Drug czar: No state can nullify federal marijuana ban
Israeli court rules military not at fault in US activist’s death
Russia writes off 90% of Cuba's debt ahead of Putin L. America tour