icbc bank

ICBC, the World’s Largest Bank, Blocked Bitcoin in China
May 9th, 2014

The Industrial and Commercial Bank of China (ICBC) joins a host of other Chinese banks that will prohibit bitcoin businesses.

Bitcoin Price Drops 10% After Chinese Exchanges Halt Bank Deposits
April 10th, 2014

Bad news for the virtual currency in China – the Bitcoin price crashes as Chinese government stops Bank deposits.