The Chicago Board Options Exchange (CBOE) is expressing new confidence in bitcoin's future. In an earnings conference call this week, Chris Concannon, president of the derivatives exchange operator, stated that he sees exchange-traded funds (ETFs) based on the cryptocurrency coming to markets. Concanno went so far as to refer to bitcoin as a new...
Chinese cryptocurrency exchange ViaBTC has announced its intention to launch a trading platform based outside of China. The decision to establish an overseas-based platform follows announcements that the exchange will shut down operations in mainland China on September 30th. ViaBTC has revealed plans to launch a cryptocurrency exchange platform outside of mainland...
Reports have emerged alleging that Chinese bitcoin exchange executives have been forbidden from leaving the country. The travel ban has been instigated whilst the Chinese central government seeks to “clean-up” the nation’s cryptocurrency industries. Chinese Bitcoin Exchange Executives Are Reported to Be Required to Stay in China During the Governments...
The Chinese government is moving to extend the bitcoin exchange ban to over-the-counter (OTC) trading and potentially even mining. Bitcoin Exchange Ban to Extend to OTC Trading According to a Wall Street Journal report, Beijing officials told several bitcoin industry executives that peer-to-peer trading would not be tolerated during a closed-door meeting...
An unverified notice surfaced on the Internet about China moving to block access to all major cryptocurrency exchanges. Commenting on the move, Simon Dixon, investment Banker and author of 'Bank to the Future', wrote: “ They tried to copy it, fork it, ban it, clone it, ridicule it, launch at...
“All” Chinese virtual currency exchanges must stop trading to remain compliant, regulators have announced. Information slowly appearing from China appears to confirm that trading will no longer be legal for Bitcoin-to-fiat platforms. Beijing market regulator requires all virtual currency exchanges (ie. OKcoin and Huobi) to stop trading by end of today. — Luna Lin...
Shanghai-based bitcoin exchange BTCC has announced it will be closing down its China-facing trading operations effective September 30. In statements on Twitter and on China-language social media, the oldest cryptocurrency exchange platform in the world's largest market said it would immediately stop onboarding new users, but that its mining pools and international exchange...
A haze of fog has descended as clarity awaits on China’s move following reports the country is to ban crypto exchanges with twitter activity picking up tonight, ten years on from the begining of the banking crisis. Jihan Wu, who runs the biggest mining operation in the world, made a series...
Multiple Monday reports have added to speculation that Chinese authorities are planning to ban bitcoin trading on domestic exchanges, with no plans to stop non-commercial, over-the-counter transactions. After Friday’s swirling rumors about Chinese regulators reportedly drawing plans to shut down domestic bitcoin exchanges, the Wall Street Journal is now reporting that China’s central bank...
China’s authorities are planning to shut down the country’s cryptocurrency exchanges, a sweeping move that will effectively close the market for trading of all digital currencies, including bitcoin and ether, in addition to the digital tokens issued by the red-hot “initial coin offerings” (ICOs) that investors have flocked to...