+16 16 0
Published 10 years ago by TNY with 1 Comments
by TNY
10 years ago 1

Bitcoin banned from Chinese banks amid fears of laundering

Chinese regulators have banned financial institutions from using Bitcoin, warning that the virtual currency could be used for illegal activities and speculation.

Continue Reading http://www.theverge.com
Additional Contributions:

Join the Discussion

  • Auto Tier
  • All
  • 1
  • 2
  • 3
Post Comment
  • aj0690
    +1

    They are still allowed to trade and use it, as long as they are ok with the risk. Only financial institutions can't work with bitcoin.

    10 years ago
    Reply
    Save

Here are some other snaps you may like...

discover your
interests.

Check out our front page for a lot more stuff!

Bitcoin’s China problem, part deux

Life Inside a Secret Chinese Bitcoin Mine [2015]

Meet Gavin Andresen, the Most Powerful Person in the World of Bitcoin

Bitcoin is a Potent Weapon in the Coming ‘War On Cash’

Bitstamp bitcoin exchange hacked, trading suspended: About $5.1M suspected stolen