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Topic: List of Chinese Banks - Will more follow? BTC =<$350 (Read 2378 times)

full member
Activity: 224
Merit: 100
EDIT: Industrial and Commercial Bank of China Ltd. (ICBC), added

http://www.dailytimes.com.pk/business/09-May-2014/china-s-largest-bank-icbc-bars-services-for-bitcoin

This is the worlds largest bank by assets  Undecided
full member
Activity: 224
Merit: 100
EDIT: China Guangfa Bank and Shanghai Pudong Development Bank Co Ltd, added

http://rt.com/business/157732-bitcoin-china-trading-platforms/
full member
Activity: 224
Merit: 100
EDIT: China Everbright Bank, added

EDIT: Ping An Bank, added


Summary article: http://www.cryptocoinsnews.com/news/two-chinese-banks-announce-will-cancel-accounts-associated-bitcoin-litecoin/2014/05/06



Thanks for links YMF!
sr. member
Activity: 350
Merit: 253
China Everbright Bank bans bitcoin

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
  Release date :2014 -05-06  

http://www.reddit.com/r/Bitcoin/comments/24u1jw/china_everbright_bank_bans_bitcoin_5614/



...What the hell is happening?
full member
Activity: 157
Merit: 100
Ping An Bank

http://bank.pingan.com/about/gonggao/1399343075421.shtml

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
  Release date :2014 -05-06 
full member
Activity: 157
Merit: 100
China Everbright Bank bans bitcoin

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
  Release date :2014 -05-06 

http://www.reddit.com/r/Bitcoin/comments/24u1jw/china_everbright_bank_bans_bitcoin_5614/
full member
Activity: 224
Merit: 100
BTCChina update from Full Member: YoMoFo

https://bitcointalksearch.org/topic/btc-china-stops-bank-of-china-deposits-today-5614-597220


I have also emailed a contact at BTCChina requesting a full list of currently working banks.

Response to follow...
full member
Activity: 224
Merit: 100
No one gives a crap about China anymore.  There are no more weak hands left.

Ohh Reallllly!?

Such a shame that your unqualified rabid opinion has absolutely no impact on the reality of the Bitcoin market otherwise now might be a good time to go long. But guess what? Now is a terrible time to go long!

I have observed endless rabid posts of yours screaming blue denial into the direction of the prevailing winds for several weeks now. Has the fortitude of your personal 'convictions' that:

A) There are no more weak hands
B) Nobody cares about China
C) Gox is priced in
D) People selling Bitcoins at $550. $500, $450, $400 etc, are idiots
E) The trend has reversed
F) Bitcoin is now in Bull market
G) etc etc etc rant rant rant

helped to change the reality of the forces guiding the market? Who are you trying to convince that the tide has turned? Fellow forum members thinking of investing/selling? The market itself, yourself, god?





Appreciate both your opinions, personally I agree with Mat and believe Bitcoin should be freely available to everyone. That's why I care about Chinese bitcoiners.

Let's keep this thread Factual and update with official/formal notifications  Smiley

full member
Activity: 224
Merit: 100
EDIT: Exim Bank Added.

Not 100% sure about this one? Think accounts here are not available to the general public:

The Bank's main mandate is to facilitate the export and import of Chinese mechanical and electronic products, complete sets of equipment and new- and high-tech products, assist Chinese companies with comparative advantages in their offshore project contracting and outbound investment, and promote international economic cooperation and trade.
hero member
Activity: 840
Merit: 1000
No one gives a crap about China anymore.  There are no more weak hands left.

Ohh Reallllly!?

Such a shame that your unqualified rabid opinion has absolutely no impact on the reality of the Bitcoin market otherwise now might be a good time to go long. But guess what? Now is a terrible time to go long!

I have observed endless rabid posts of yours screaming blue denial into the direction of the prevailing winds for several weeks now. Has the fortitude of your personal 'convictions' that:

A) There are no more weak hands
B) Nobody cares about China
C) Gox is priced in
D) People selling Bitcoins at $550. $500, $450, $400 etc, are idiots
E) The trend has reversed
F) Bitcoin is now in Bull market
G) etc etc etc rant rant rant

helped to change the reality of the forces guiding the market? Who are you trying to convince that the tide has turned? Fellow forum members thinking of investing/selling? The market itself, yourself, god?



full member
Activity: 224
Merit: 100
Assume most Chinese bitcoiners are using ICBC and China CITIC banks for now.

Guess business is going great for them until the 10th May deadline
full member
Activity: 224
Merit: 100
full member
Activity: 157
Merit: 100
agricultural bank of china has not made the official bitcoin public announcement yet.  They will soon though.

https://twitter.com/BitbearYolo/status/462844802413776897
full member
Activity: 224
Merit: 100
Cool list, can you make them a color with more contrast against black than purple? I'm blind!

Thanks zoinky, no problem - Will continue to update, hopefully the other remaining banks will continue to serve our fellow Chinese bitcoiners
full member
Activity: 224
Merit: 100
Why's the btc price rising??? BTC > $450 and going up... OP is SO wrong!

EDIT: Agricultural Bank of China, added

http://www.abchina.com/cn/PublicPlate/ServiceNotice/201405/t20140507_467297.htm

 
Cheers James, appreciate your thoughts! I don't know what ultimately controls BTC's price index. All I know is that it appears media sensitive and that many people have attributed recent BTC price drops due to PBOC enforcement.
This is the reason I express an interest in this area.

I think this is significant because current workarounds (voucher code deposits/atm withdrawal/deposit) employed by other exchanges are now sustainably questionable.
legendary
Activity: 1372
Merit: 1014
as long as there is cash and living people in China they can trade BTC
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
Why's the btc price rising??? BTC > $450 and going up... OP is SO wrong!

http://www.reddit.com/r/BitcoinMarkets/comments/24h1y1/btc_china_is_still_accepting_bank_deposits_china/

because exchanges are still accepting bank deposits.

Could this be one of those bans that nobody cares to enforce? Or maybe the banks are waiting for the right moment to launch an ambush against the exchanges.
legendary
Activity: 2171
Merit: 1201
Who the hell cares about China anymore... Go on, weak hands sold on first and second ban...
hero member
Activity: 811
Merit: 1000
Web Developer
Cool list, can you make them a color with more contrast against black than purple? I'm blind!
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