Authorities to ban commercial trading of all virtual currencies
By Chao Deng
Updated Sept. 11, 2017 11:30 a.m. ET
BEIJING—Chinese authorities are ordering domestic bitcoin exchanges to shut down, delivering a heavy blow to once-thriving trading hubs that helped popularize the virtual currency pushing it to recent record highs.
what will happen now for BTCC ?
Stop spreading FUD please... and even if this is true, nobody should panic. Bitcoin is borderless and you can still use those
BTC you acquired in other countries where Bitcoin is legal. You can even send it to someone in another country to convert
it to fiat and then use remittance service to cash it out. So there is no reason to panic.... if this is true.