Chinese Stock Exchange BTCC closed from 09-30-2017steemCreated with Sketch.

in #bitcoin7 years ago

The closure of the stock exchange, however, is not clear with the closure of the whole site, as it will be possible to further extract cryptanalysts. Such a move is due to the reaction of the Chinese government to the ICO and the legal regulation of money collections using tokens.

https://twitter.com/YourBTCC/status/908285586368167936

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On September 4, the People’s Bank of China, China’s central bank, announced a sweeping blanket ban on all initial coin offerings (ICOs), a radical new form of fundraising facilitated by cryptocurrencies.

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YourBTCC BTCC tweeted @ 14 Sep 2017 - 11:05 UTC

1/ After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina Exchange will stop all trading on 09/30.

Disclaimer: I am just a bot trying to be helpful.