According to BTCC founder, the acquisition is a major milestone as it will help the exchange to grow virtual currency adoption and expand its business worldwide.
BTCC founder Bobby Lee discuses SegWit2x and China’s bitcoin exchange ban on Reddit AMA.
China will likely resume cryptocurrency trading after licensing exchanges as measures for cryptocurrency market regulation.
Bitcoin price reaches its “pre-crisis” level despite China’s crypto giant BTCC exchange has stopped accepting yuan and cryptocurrency deposits.
OkCoin and Huobi are to stop all trading services for local customers till the end of October putting an end to crypto exchange markets in any form in China.
Chineese authorities have ordered domestic Bitcoin exchanges to cease trading and immediately notify users of their closure.
Charlie Lee claims that OKCoin and Huobi are meeting regulators today. Whether this would make the two exchanges follow BTCC’s decision to halt trading remains unknown.
The first of China’s bitcoin exchanges BTCChina (BTCC) has announced its shutting down the domestic cryptocurrency trading at the end of September. The recently appeared rumors that China is going to ban all domestic cryptocurrency exchanges are becoming reality.
The token is expected to enable cross-exchange trading, cross-exchange clearing, deposits and withdrawals among different digital currencies and assets.
BTCC becomes the first Chinese cryptocurrency exchange to integrate Ethereum Classic and offer support for ETC traders.
One of the largest bitcoin exchanges has released a first mobile app that will enable transfers in more than a hundred different currencies, including gold and silver.
Bitcoin continues its steady growth and moves from an alternative asset to a mainstream payment form for businesses.