“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:
Bieber and entourage searched by sniffer dogs at Florida airport after drug 'tip'
IOM: US health care system wastes $750B a year
UN group warns of ‘significant’ cybersecurity vulnerabilities in mobile phone technology
Cyprus sees more stability, even bitcoin innovation
Review Of Terrorism Cases Finds NSA Spying Helped Very Little
A Long-Distance Relationship With the I.R.S.
CNN: People Become Terrorists Because Of Genetics, NOT Drone Strikes Or Palestine
Snowden reveals Australia's links to US spy web
Noted value investor Bill Miller owns bitcoin
Bitcoins gain traction in Argentina
Greenspan Sees Turmoil as QE Boost to Markets Unwinds
Cannabis club thrives in Canary Islands
Lyxor says it had ‘no choice’ in closure of Greek ETF
U.S. transport ship with hundreds of Marines deployed to the Mediterranean
US health insurers rush to consolidate after Obamacare ruling