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Category Archives: News

OKCoin CEO: Innovation Doesn’t Evolve In a Straight Line

Sep 14, 2017

Red Li

Tencent Technology reports that the authority decides to shut down all Bitcoin exchanges that register in mainland China. Star Xu, CEO of OKCoin, comforts the staff that the Company is actively seeking non-fiat business and application for license in Japan, Korea and USA is ongoing...

Another Reason for PBoC’s ‘Bitcoin Exchange Ban’ Claim

Sep 12, 2017

Olusegun Ogundeji

The recent suggestion that the Chinese central bank is considering to ban bitcoin exchanges operating in the country may be connected to the sharp bounce the yuan had last week to hit a near 2-year peak on the dollar. Though the veracity of the claim of a ban is yet to be confirmed, its propos...

Li Xiaolai: Yunbi Is Winding Down In 3 Months

Sep 11, 2017

Red Li

A Shenzhen-based exchange has delisted BTC and ETH trading pairs against CNY. The exchange is the second one. The latest report of Caixin Weekly this afternoon also revealed that "Yunbi is winding down in 3 months" according to Li Xiaolai, the Bitcoin tycoon in China. Zhgtrad...