Topic: china bans bitcoin again. - page 2. (Read 5178 times)

It says that using bank accounts to send funds to a Bitcoin trading platform is prohibited, but that cash trading is not (除非现金交易). I wonder how that is going to work. Will people withdraw large amounts of cash and give it to an agent of an exchange? Inconvenient, but it would not deter me from buying.

I'm starting to get tired of this

Sources said the central bank notification requirements to close China 15 bitcoin site bank account
 
At 08:01 on March 27, 2014
Source: Phoenix Technologies
 
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This will get stricter enforcement of such funds account Bitcoin transactions had to move abroad to become other than disk -based semi- underground market long ago, the world's largest Bitcoin trading platform Mt.Gox therefore internal mismanagement and collapse , currently the world's three largest trading platform for bitcoins Bittamp, Bitfinex, btc-e. PS: be required to terminate the existence of institutions with banks and third-party payment account transactions Bitcoin trading platform has the following 15 :
 
Phoenix Technology News March 27 , according to the new fiscal " Financial Industry Watch" report, the central bank issued a notice in mid- March to prohibit domestic banks and third-party payment mechanism for Bitcoin trading platform account, voucher , payment , cash and other services , ordered them to shut down for the 15 largest bitcoin bank account opened trading platform , financial institutions and cut contact between bitcoin bubble . This will get stricter enforcement of such funds account Bitcoin transactions had to move abroad to become other than disk -based semi-underground market
 
It is reported that the central bank branches to the central bank issued a report entitled "further strengthen risk prevention bitcoins work notice " (the "Notice" ) in mid- March , the document requires banks and third-party payment agencies, Close all trading accounts within the territory of more than a dozen Bitcoin platform. This means that financial institutions trading account opening Bitcoin website platform is not legitimate unless cash transactions, investors not to bitcoin bank transfer transactions in China , third-party payment , unprecedented intensity .
 
"Notice" requirement that all commercial banks and third-party payment agencies to close all accounts of these platforms , the deadline is April 15 . Before this deadline , these accounts can still withdraw cash , but can not recharge. Overdue closed , the central bank will be punished. In addition , the central bank also asked the Association to continue to track the payment and settlement platform recharge means change , and timely notification to commercial banks.
 
After the central bank in March , " notice" , all Bitcoin website company can open a bank account , while using personal accounts recharge once found will be banned . Also means that , after a grace period of April 15 , bitcoin site to the customer no longer has legal access to cash .
 
The document also contains the name of a Bitcoin China (BTCChina), fire currency network , OKCoin currency transactions and other 15 -bit platforms , including the list ( see below ) .
 
March 19 , online news that "the central bank ban Bitcoin trading platform " message. In this regard , the central bank released the same day official microblogging microblogging called " '4 before April 15 to stop all Bitcoin transactions ' is untrue , the attitude of the People's Bank Bitcoin has five ministries in the People's Bank " on guard against the risk of Bitcoin notice "clearly expressed ."
 
 
But according to the new fiscal confirm that the central bank "notification" true. Just the wrong time news spread that the central bank is not prohibited Bitcoin trading platform , but prohibits banks account for the Bitcoin trading platform , payment, clearing and other services.
 
PS: be required to terminate the existence of institutions with banks and third-party payment account transactions Bitcoin trading platform has the following 15 :
 
Bitcoin China (BTCChina)
 
Fire currency net
 
Okcoin
 
Fxbtc
 
Bitcoin trading network
 
China bitcoin
 
btc100
 
Bit children
 
808 bitcoins
 
Bit Era
 
Cattle currency net
 
Bitcoin International
 
Bitcoin days
 
42btc
 
btc star