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Posts Tagged ‘BTC China’

Bitcoin Plummets in China Amid Ban

18
Dec
2013

On Monday, China’s central bank told top Chinese payment-processing firms they could no longer deal in digital currencies; two days later, the country’s top Bitcoin exchange, BTC China, has now had to stop taking deposits in China’s currency, the renminbi. Now, the value of bitcoin in the country—one of…

Category CA TechnologiesTech Written by Newser 0 Comments

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Bitcoin’s value tumbles in half after China forces top exchange to stop trading

18
Dec
2013

Chinas largest Bitcoin exchange, BTC China, has stopped taking orders in Chinese currency because of regulatory pressure from the government, which has ordered businesses to stop accepting the virtual currency. Bitcoin, which approximates cash on the internet, was driven to an all-time high of more than $1,000, in part because of demand from China. The […]

Category CA TechnologiesTech Written by The Verge 0 Comments

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