- REUTERS/Bobby Yip
Two of China’s largest bitcoin exchanges, Okcoin and Huobi, say they haven’t received any such notices, according to a tweet from Bloomberg’s Lulu Yilun Chen.
On Monday, Beijing announced it was banning initial coin offerings, a cryptocurrency-based fundraising method. In February, China blocked customers from withdrawing their bitcoin. They were eventually allowed to resume withdrawals in June.
Bitcoin is up 355% in 2017.
- Markets Insider