3 ms·
My gut feeling is there's some truth to the rumour. Related resources: • Original Caixin Report that sparked all this: http://finance.caixin.com/2017-09-08/10
by rkagerer 9y ago
My gut feeling is there's some truth to the rumour. Related resources:
• Original Caixin Report that sparked all this: http://finance.caixin.com/2017-09-08/101142797.html http://finance.caixin.com/2017-09-08/101142797.html
• RECOMMENDED - Good English translation / interpretation of above article: https://docs.google.com/document/d/1sNYGpwj3EKkRhlejoycytZLq1OpFpl0bqOtCev0HexY/edit https://docs.google.com/document/d/1sNYGpwj3EKkRhlejoycytZLq...
• Shorter English announcement from Caixin: http://www.caixinglobal.com/2017-09-09/101142821.html http://www.caixinglobal.com/2017-09-09/101142821.html
• Coindesk article pointing out Caixin has been spot-on in the past (re their Sep 2 leak regarding ICO fundraising): https://www.coindesk.com/report-casts-doubt-future-chinas-bitcoin-exchanges/ https://www.coindesk.com/report-casts-doubt-future-chinas-bi...
• Related official news out of China regarding ICO ban: https://www.reddit.com/r/ethtrader/comments/6ywtkt/the_actual_pboc_news_released_today_pertains_to/ https://www.reddit.com/r/ethtrader/comments/6ywtkt/the_actua...
• Tweet from CEO of ViaBTC saying "China will shut down all exchanges": https://www.cryptocoinsnews.com/viabtc-ceo-china-will-ban-bitcoin-exchanges/ https://www.cryptocoinsnews.com/viabtc-ceo-china-will-ban-bi...
I agree it's not the first time China's cracked down on virtual currency <--> fiat trading, but if true this could be more intense than their prior efforts.