Sentences with phrase «chinese virtual currency exchanges»

Do you expect new Chinese virtual currency exchanges to emerge after China's new legislation?

ETHNews previously reported that Chinese virtual currency exchanges Huobi and OKCoin will cease their operations by October 31, 2017.

Not exact matches

It will not have been surprised to see that after an initial plunge in the value of virtual currencies following the bank's announcement, their worth has soared right back to where it started; nor will they be blind to the fact that this clearly represents the same Chinese investors going back in, whether through Hong Kong virtual exchanges like TideBit, or perhaps through Japan, which officially authorized 11 cryptocurrency exchanges in September just as China banned them (South Korea launched its own ban later in the month).

BEIJING — Chinese authorities are preparing to shut down the country's bitcoin exchanges, according to people familiar with the matter, reflecting a growing unease with the virtual currency and its recent surge in value.

The Chinese government previously banned initial coin offerings and halted trading of virtual currencies on local exchanges for a period in 2017.

Company drawing new accounts from Chinese looking to continue trading virtual currencies after mainland exchanges shut down

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The Chinese government's decision to cease the operations of all cryptocurrency exchanges except for Okcoin and Huobi right before the nation's virtual currency regulations are set to come into effect, has led to speculation that the surviving exchanges may be the only cryptocurrency exchanges permitted to operate in China moving forward.

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