NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Slides Toward $85,000 Despite Progress On US Crypto Market Structure Bill
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Slides Toward $85,000 Despite Progress On US Crypto Market Structure Bill

BTC China Statement Confirms They Haven’t Heard from PBOC

newsbtc
newsbtc
Last Updated: October 7, 2020 11:38 am
1 min read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Btcchina Logo

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.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin gold

Why Gold & Silver’s All-Time Highs Are Very Bullish For Bitcoin And Altcoins

Gold and silver have recently dominated headlines, outperforming both Bitcoin and altcoins in the broader crypto market. While both precious...

Sandra White 7 hours ago
Litecoin

Why Litecoin Price Going To $2,000 Is Not A Fantasy, But Market Cap Math

Crypto pundit BigShortRare has declared that a Litecoin price rally to between $1,200 and $2,000 is not a fantasy but...

Scott Matherson 11 hours ago
XRP

Ripple Affirms XRPL Focus, Says ‘We Love XRP’ Over Ethereum

Ripple’s new stablecoin rollout has put a bright spotlight on a simple fact: most RLUSD is living on Ethereum right...

Christian Encila 14 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin, crypto

Bitcoin To $30,000? Analysts Warn BTC Crash Could Be Deeper Than Expected

Rubmar Garcia 2 hours ago
Avalanche

Avalanche (AVAX) Defies Bear Market With Explosive On‑Chain Growth, Messari

Ronaldo Marquez 3 hours ago
Ethereum

Ethereum Bulls Defend $2,600 While Bears Eye A Deeper Macro Flush

Godspower Owie 5 hours ago

Premium Sponsors

Press Releases

  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    2 weeks ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    2 weeks ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    2 weeks ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    2 weeks ago
  • XRP価格予測:SECの暗号資産ルールに反発するリップル 今後、法的枠組みを突破できるか

    ...

    2 weeks ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.