SHANGHAI :
All Cryptocurrency Trading Platforms in China Shall Be Closed, Source Says
Xu Yanyan
DATE:  Sep 14 2017
/ SOURCE:  Yicai
All Cryptocurrency Trading Platforms in China Shall Be Closed, Source Says All Cryptocurrency Trading Platforms in China Shall Be Closed, Source Says

(Yicai Global) Sept. 14 -- Chinese authorities have decided that the trading activities of all cryptocurrency trading platforms shall be suspended soon and closed thereafter, a source exclusively told Yicai Global today.

Regulators have decided the fate of cryptocurrencies such as bitcoin in China, said the source, who is close to a regional government office responsible for fintech industry regulation overhaul.

The price of bitcoin dropped below CNY19,000 on Btcchina.com today.

Follow Yicai Global on
Keywords:   Financial Regulation,Blockchain Technology,Cryptocurrency Trading,Bitcoin