BTC China Statement Confirms They Haven’t Heard from PBOC

BTC China, the world’s once-largest bitcoin exchange by volume, has issued a new statement on Friday pertaining to the uncertain bitcoin climate in the People’s Republic of China.

In that statement, the exchange notes that they haven’t received any sort of correspondence from the People’s Bank of China (PBOC) with regard to recent rumors.

Those rumors, in case you weren’t aware, stated that the PBOC would be issuing a statement come April 15th barring third-party payment processors and banks from working with bitcoin exchanges. That would mean that the financial institutions BTC China (et al) work with would be closing their accounts — which as you can imagine isn’t good news.

A Chinese-speaking Redditor translated the notice, which also makes mention of the fact that BTC China is running an audit of their finances and will post results in the near future.

BTC China’s trading platform is being updated to add new products, of which are being beta tested at this time.

They also noted they would be keeping in touch with regulators to be made aware of the latest and “set industry standards”.

So while the notice isn’t swatting down rumors completely, it is nice to see that BTC China is proceeding as normal with their business.