Topic: Bitcoin platforms release self-discipline statement ,demanding supervision...... (Read 2243 times)
May 07, 2014, 09:53:43 PM
Thank you for sharing this!
May 07, 2014, 09:29:30 PM
Bitcoin platforms release self-discipline statement ,demanding supervision and existence
On 6th May ,BTC China ,huobi.com ,okcoin and other Bitcoin trading platforms released self-discipline statement ,demanding supervision and existence .
Since the end of 2013,the attitude towards Bitcoin price from central bank of China will give an important effect .
For example ,on 27th March ,some media reported that central bank of China was ready to forbid banks to provide service for Bitcoin trading places and close their bank accounts .Bitcoin price decreased rapidly that day .
However ,on 11th April ,the president Zhou xiao chuan of central bank of China said Bitcoin is more a trading assets than payment currency .Later ,Bitcoin price increased by 40%within 5 days .
At present ,the existing space of Bitcoin platforms is smaller and smaller with the policy .The bank accounts from BTC China ,huobi.com and okcoin have been suspended .So clients only can withdraw deposit but not recharge .The trading funds on the platforms is less and less .
The united founder Du jun of huobi.com said ,compared with last month ,Bitcoin price and trading amount decrease by 30% to 40%.If the supervision is more serious continually ,Bitcoin price must decrease constantly .
Thus ,cooperating with the supervision actively is the best way .The vice manage He yi of okcoin said ,the supervision must be a good news .It is good to avoid risk and close irregular platforms .What we expect most is that central bank of China can give us guidance and communication .
To Bitcoin changeable price ,the platforms announced to charge handling charge to high-frequency trade .However ,how to define high-frequency traders is still in discussion .
In addition ,the statement also announces not to organize and join in largely marketing Bitcoin meetings.The vice manager Ling scandium of BTC China said “we are diamond sponsors and will take several hundred thousand yuan to sponsor at Bitcoin international conference in Beijing 10th May .But after releasing the statement ,we decide not to join in the conference . ”
To the future of Bitcoin platforms ,developing overseas and trading innovatively are the trend .huobi.com and okcoin revealed that they are ready to exploit foreign markets .Without bank recharging way,we may develop offline trade .”after all ,central bank of China has stated that as goods ,Bitcoin trade is not illegal .We will struggle to do goods trade well. ”
Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can correct it.
Sourcehttp://news.xinhuanet.com/fortune/2014-05/07/c_1110584242.htm
On 6th May ,BTC China ,huobi.com ,okcoin and other Bitcoin trading platforms released self-discipline statement ,demanding supervision and existence .
Since the end of 2013,the attitude towards Bitcoin price from central bank of China will give an important effect .
For example ,on 27th March ,some media reported that central bank of China was ready to forbid banks to provide service for Bitcoin trading places and close their bank accounts .Bitcoin price decreased rapidly that day .
However ,on 11th April ,the president Zhou xiao chuan of central bank of China said Bitcoin is more a trading assets than payment currency .Later ,Bitcoin price increased by 40%within 5 days .
At present ,the existing space of Bitcoin platforms is smaller and smaller with the policy .The bank accounts from BTC China ,huobi.com and okcoin have been suspended .So clients only can withdraw deposit but not recharge .The trading funds on the platforms is less and less .
The united founder Du jun of huobi.com said ,compared with last month ,Bitcoin price and trading amount decrease by 30% to 40%.If the supervision is more serious continually ,Bitcoin price must decrease constantly .
Thus ,cooperating with the supervision actively is the best way .The vice manage He yi of okcoin said ,the supervision must be a good news .It is good to avoid risk and close irregular platforms .What we expect most is that central bank of China can give us guidance and communication .
To Bitcoin changeable price ,the platforms announced to charge handling charge to high-frequency trade .However ,how to define high-frequency traders is still in discussion .
In addition ,the statement also announces not to organize and join in largely marketing Bitcoin meetings.The vice manager Ling scandium of BTC China said “we are diamond sponsors and will take several hundred thousand yuan to sponsor at Bitcoin international conference in Beijing 10th May .But after releasing the statement ,we decide not to join in the conference . ”
To the future of Bitcoin platforms ,developing overseas and trading innovatively are the trend .huobi.com and okcoin revealed that they are ready to exploit foreign markets .Without bank recharging way,we may develop offline trade .”after all ,central bank of China has stated that as goods ,Bitcoin trade is not illegal .We will struggle to do goods trade well. ”
Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can correct it.
Sourcehttp://news.xinhuanet.com/fortune/2014-05/07/c_1110584242.htm
Jump to: