Topic: Bloomberg : BREAKING: China bans financial institutions from Bitcoin transaction - page 3. (Read 7669 times)
December 05, 2013, 03:30:09 AM
This is old news. They also said that bitcoin is still allowed to be traded in the grey market.
December 05, 2013, 03:29:50 AM
can't seem to find the article on Bloomberg..
I did find this though:
Bitcoin transactions unlikely to be banned: BTC China CEO
http://www.wantchinatimes.com/news-subclass-cnt.aspx?MainCatID=0&cid=1102&id=20131204000002
I did find this though:
Bitcoin transactions unlikely to be banned: BTC China CEO
http://www.wantchinatimes.com/news-subclass-cnt.aspx?MainCatID=0&cid=1102&id=20131204000002
December 05, 2013, 03:28:53 AM
Beginning of the end for China's bitcoin boom?
December 05, 2013, 03:26:35 AM
http://in.reuters.com/article/2013/12/05/china-bitcoin-idINDEE9B405S20131205?type=economicNews
(Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital currency bitcoin, saying that while it does not yet pose a threat to China's financial system, it carries risks.
The central bank also said in a statement on its website that it will act to prevent money laundering risks from bitcoin, a prominent digital currency that is not backed by a government or central bank.
It said however that ordinary individuals were free to use bitcoin, so long as they took on the risk themselves.
It will also closely monitor risks associated with bitcoin. Those risks include the possible use of the currency for illegal activities and for speculation, it said.
(Reporting by Jonathan Standing and Aileen Wang; Editing by Kim Coghill)
(Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital currency bitcoin, saying that while it does not yet pose a threat to China's financial system, it carries risks.
The central bank also said in a statement on its website that it will act to prevent money laundering risks from bitcoin, a prominent digital currency that is not backed by a government or central bank.
It said however that ordinary individuals were free to use bitcoin, so long as they took on the risk themselves.
It will also closely monitor risks associated with bitcoin. Those risks include the possible use of the currency for illegal activities and for speculation, it said.
(Reporting by Jonathan Standing and Aileen Wang; Editing by Kim Coghill)
December 05, 2013, 03:26:08 AM
Yes... it is real. The Chinese central bank warns banks against BTC transactions.
http://in.reuters.com/article/2013/12/05/china-bitcoin-idINDEE9B405S20131205
http://in.reuters.com/article/2013/12/05/china-bitcoin-idINDEE9B405S20131205
December 05, 2013, 03:25:02 AM
itshappening.gif
here we go
here we go
December 05, 2013, 03:24:45 AM
FUD
December 05, 2013, 03:21:30 AM
BREAKING: China bans financial institutions from Bitcoin transactions ...
http://inagist.com/all/408505176170184704/
http://inagist.com/all/408505176170184704/
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