Lee added: “What we’re hearing is that banks will disallow us from using commer

cosmofly

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PrimeDAO - An Adoption Engine for Open Finance

Quote from: p0peji on April 04, 2014, 10:28:11 AM

Well their statements have already gone from "We are sure that we will continue as usual" to " We are suspecting that PBoC will issue the note, but we are not sure yet". This generally means that they are already in the " shit has hit the fan" phase.

Well said

gentlemand

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Welt Am Draht

Nope. That's BTC38. Maybe the OKCoin reference is a translation weirdness. I dunno.

http://www.weibo.com/btc38?topnav=1&wvr=5&topsug=1

y3804

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From OKCOIN

"We received a clear Merchants Bank, Shenzhen Branch of China
Construction Bank's notice, that it could not continue to provide
settlement for the Bitcoin industry, so we can not continue to use the
public accounts, the more feasible the personal card (I.E. Vouchers like BTCChina). We also consulted
the United States, livelihood and other banks, the other account
services are unable to provide feedback. Some people say that the era of
deliberately shutting down recharge deliberately operate covertly, and
if so, we would not have spread the OKCOIN."

atp1916

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Yep, the noose is already tightened.

Yaun is just too controlled by the Chinese government for it to be useful to all the speculators out there.

p0peji

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Well their statements have already gone from "We are sure that we will continue as usual" to " We are suspecting that PBoC will issue the note, but we are not sure yet". This generally means that they are already in the " shit has hit the fan" phase.

cosmofly

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PrimeDAO - An Adoption Engine for Open Finance

Excellent

The truth is coming out

yomofo

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http://www.coindesk.com/btc-china-dismisses-pboc-fears-open-letter/

Quote

Lee added:

“What we’re hearing is that banks will disallow us from using commercial bank accounts to store customer deposits, what’s not clear to us yet is whether the business of running a bitcoin exchange will be classed as legal or not.”

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