PBOC

Markets

Bitcoin Traders Adopt ‘Wait and See’ Stance As China Impact Fades

Bitcoin prices stayed largely within specific ranges this week, as traders tended to sit on the sidelines.

Markets  ·  21 January 2017
Exchanges

Questions Linger As China’s Bitcoin Exchanges Halt Margin Trading

Huobi and OKCoin, two of the world's largest bitcoin exchange businesses by volume, have formally announced they have halted margin trading services.

Tech  ·  19 January 2017
Regulation

Bitcoin Price Fluctuations Calm Amid Chinese Regulatory Suspense

The suspense surrounding potential bitcoin regulations in China served to limit this week's price movements.

Policy & regulation  ·  14 January 2017
Markets

Markets Weekly: Could Central Banks Spark a Bitcoin Rally?

What do the actions of central bankers in East Asia have to do with the bitcoin price? Quite a bit, as it turns out.

Markets  ·  24 November 2014
Exchanges

Chinese Payments Association Wants Banks to Identify, Eliminate Bitcoin Activity

If news reports are true, bitcoin in China may have a new adversary in the Payments and Clearing Association.

Policy & regulation  ·  14 June 2014
Exchanges

Shutdown of China’s FXBTC Exchange Leads to Customer Outrage

FXBTC users are reporting they were not informed of the exchange's plans to close on 10th May.

Markets  ·  14 May 2014
Exchanges

China Bank Pressure Influences Latest OKCoin Service Upgrade

Bitcoin exchange OKCoin has announced the suspension of its P2P margin trading services as part of a site upgrade.

Policy & regulation  ·  7 May 2014
Exchanges

Chinese Exchange Huobi Considers Future As Bitcoin Marketplace

In a new interview, Huobi co-founder Jun Du talks about the exchange's possible strategies to combat PBOC pressure.

Markets  ·  6 May 2014
Exchanges

China’s Bitcoin Ecosystem Undeterred by FXBTC Exchange Closure

Sources say the demise of China's FXBTC will not have a widespread impact on the local bitcoin economy.

Markets  ·  5 May 2014
Exchanges

Chinese Bitcoin Exchange FXBTC to Close Citing Central Bank Pressure

FXBTC has announced that it will close on 10th May amid continued pressure from the People's Bank of China.

Markets  ·  2 May 2014
Exchanges

Price of Bitcoin Tops $500 as China Fears Subside

The price of bitcoin rose today as a long-rumored PBOC deadline passed without further action from the regulator.

Policy & regulation  ·  15 April 2014
Exchanges

PBOC Deadline Day: Business as Usual for BTC China

BTC China's banking partners have not issued any instructions to halt deposits, says CEO Bobby Lee.

Policy & regulation  ·  15 April 2014
Exchanges

Chinese Bitcoin Exchanges Prepare to Move Operations Overseas

Huobi and OKCoin issued new statements today, suggesting PBOC policies could push them abroad.

Policy & regulation  ·  11 April 2014
Regulation

China’s Central Bank Governor: PBOC Won’t Ban Bitcoin

The price of bitcoin rose on statements from the PBOC that suggest it will not seek to ban bitcoin.

Policy & regulation  ·  11 April 2014
Regulation

Bitcoin Price Drops 10% as Chinese Exchanges Stop Bank Deposits

Bitcoin prices sank under $403 after several Chinese exchanges made public announcements on their sites.

Policy & regulation  ·  10 April 2014