Here's the full article using Google Translate:
Observer words: Bitcoin trading platform for the previous practice of using a variety of alternative ways continues the transaction, the Bank of serious interviews relevant agencies, hoping to guide people away from the Bitcoin virtual currency such as the proliferation of transactions.
Caixin reporter Li Sui Sui / text
April 24 morning, the Bank of interviews with some of the commercial banks and third-party payment agencies to deploy the next phase of the prevention and control of risk bitcoin, want to completely cut off the chain of funds Bitcoin transactions.
From April 22 the central bank began by China Association for Payment Clearing the deployment of the interviews, the object to be interviewed, including commercial banks still with Bitcoin transactions and third-party payment agencies, the number of not less than twenty, including major commercial banks, Paypal, money paid through other large payment institutions, as well as pre-currency net recharge codes involved in a fire incident prone paid EPRO payments.
The interviews hosted by the Central Bank of the Law Secretary Muhuai Peng, participants include the central bank to pay Secretary Li Yue, and many other central bankers, specifications unprecedented high.
Central Bank sources said that this is mainly for interviews after April 15 Bitcoin prices rebounded sharply, the account does not reach the intended purpose of cleaning up the embarrassment.
Central Bank in March issued "on further prevent the risk of bitcoin notice", stressed banks and third-party payment institutions may not serve Bitcoin transactions cleared in the current account deadline April 15. However, on April 15, the majority of Bitcoin trading platform is still functioning, Bitcoin prices also soared from 2,500 yuan to 3,000 yuan.
Interviews in someone's organization criticized the central bank for someone's body one by the criticism and criticized the Bank of China for the current account remains BTCChina and Merchants Bank.
Mu Huaipeng Secretary reiterated the five ministries "on guard against the risk of Bitcoin notice" and "to further prevent the risk of bitcoin notice" on the financial institutions and payment institutions shall not provide, directly or indirectly related to bitcoin services policy requirements.
After "further guard against the risk of bitcoin notice" issued, including fire currency network, OKCoin including trading platforms have "another way" to launch "recharge code" recharge mode, bypassing financial institutions, and other forms of online sales through trafficking cards, recharge after use on the platform.
OKCoin launched a recharge code, users can now raise the yuan to become recharge code, and then transferred to the recharge code OKCoin other users to recharge. Recharge codes need to be purchased from the agent. Fire currency net and BTCChina also taken a prepaid recharge code distributed manner.
In this regard, the central bank reiterated a "further guard against the risk of bitcoin notice" the reference to "commercial banks and third-party payment agencies Bitcoin trading platform provides direct services are provided with Bitcoin related services, for the sale of prepaid code provide services are indirectly related services with bitcoin, "the central bank said the two services must be stopped, commercial banks and third-party payment agencies must immediately involved in the various accounts and interfaces for cleaning.
As of April 24, all Bitcoin trading platform has been fully recharge way to stop third-party payment. Most bank card remittance channels have been closed, however, are still allowed to bitcoin bank transfer and cash withdrawal services platform.
In the interviews emphasized the central bank, cash function must also be stopped.
The central bank also requires the agencies need to assign someone to monitor changes in the way funds transfer Bitcoin transactions, the new account to receive a list issued by the central bank, and make quick response.
The proliferation of virtual currency crisis the central bank requires commercial banks and third-party payment agencies before May 10 "Bitcoin Beijing International Summit" held to convey to the public that it no longer provides financial services to any Bitcoin transactions attitude to guide people away from Bitcoin transactions.
The status quo of China's current flood of virtual currency, the Central Bank also specializes in interviews emphasize commercial banks and third-party payment institutions should learn by analogy, to the virtual currency vigilant.
A large commercial banks have also confirmed to reporters that the central bank of the above requirements, noting that before taken part in interviews, the bank has conducted a comprehensive investigation, confirmed that the issue itself is not illegal, but the account information provided by the central bank after the interviews Look, there are many areas of the bank branches opened an account irregularities. "Irregularities shocking grasp the central bank account information than our own is also clear that the central bank's determination also much greater than we expected." The source said.
At present, although most of the world's central banks on Bitcoin negative attitude, but like China's central bank so resolutely "ban" Bitcoin is rare that China's Bitcoin many fans unhappy. However, the central bank and other five ministries "on the prevention of risk Bitcoin notice" and the central bank governor Zhou Xiaochuan speech at the Boao Forum for Asia can be seen, the central bank is actually taking a bitcoin tolerant attitude, though not admitted its monetary properties, but also allow people to be traded as a commodity that can be used as collectibles collection. Bitcoin action against the central bank is actually bitcoin exchange for rectification of the move.
The source pointed out that the biggest difference between development and foreign Bitcoin China is trading patterns. Bitcoin enter China in a short period of two or three years, China has dozens of soaring out of a variety of Bitcoin trading platform, trading varieties in addition to Bitcoin, Wright coins, there are apples coins, currency and other dogs varied "cottage" dozens of virtual currency, trading will evolve to spontaneous folk organized exchanges. However, these transactions did not play a price discovery platform to promote the positive role of Bitcoin development, but on the contrary, through the so-called "currency finance financial" leverage trading and short mechanism, completely China's virtual currency trading becomes Makers fight each other, the investor's profit-driven bloodbath repeated games, even gradually slide into the abyss of money laundering, illegal fund-raising and other criminal activities.
Interviews that day, Paypal on the release of the "Convention on the Prohibition payment service for my company statement Bitcoin transactions" in the official microblogging. The statement said: "In order to protect the property interests of the public, maintain the legal status of the yuan currency to prevent money laundering risks, from now on, any organization or individual may pay a bit of my company all kinds of coins, currency and other transactions Wright fund services for recharge and withdrawals, purchases and sales of related transactions and other activities recharge codes may not be transferred by my company's services related to trading capital. Upon discovery, the company is entitled to immediately stop the service. general public found out that the behavior can be reported to the company. "
As of April 24, the price of various Bitcoin Bitcoin trading platform is about 3,000 yuan. ■
No doubt there's BTC movement today, what do you guys make of this?
Are respective exchanges recharge codes/vouchers still ok?