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 Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • 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 Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

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

Ethereum koers voorspelling

ETH vs AVAX RWA strijd – Enorme kans voor nieuwe RWA presale

De strijd om Real World Asset (RWA) integratie bereikt een nieuw hoogtepunt. Ethereum en Avalanche vechten om dominantie in de...

robertbemelmans 5 hours ago
Bitcoin

La ce preț poate ajunge Bitcoin pe final de 2025?

De fiecare dată când piața crypto trece printr-o etapă de consolidare mai lungă, una dintre întrebările care revin constant este...

antonio 6 hours ago

Tether Investirà 1 Miliardo in Neura: Cresce l’Hype sui Token AI e la Presale di SUBBD Esplode

Tether starebbe valutando un investimento monstre da circa 1,15 miliardi di dollari nella tedesca Neura Robotics, un’operazione che porterebbe la...

Orfeo Barone 6 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

Dogecoin

The ‘Insanely Bullish’ Dogecoin Setup That Will Trigger A 600% Rally To $1

Scott Matherson 58 minutes ago
Zcash news

Why Is Zcash Thriving? Paid Promotion Or Real Momentum?

Jake Simmons 2 hours ago
best wallet main

Το Bitcoin πλήττεται από το «weekend dip», ενώ το Best Wallet σου επιτρέπει να αυτοματοποιήσεις την αγορά στη διόρθωση – Το ICO λήγει σε 11 ημέρες

Ιωάννης Ριζόπουλος 4 hours ago

Premium Sponsors

Press Releases

  • ChatGPT Dự Đoán Giá Bitcoin, XRP Và Ethereum

    ChatGPT đưa ra dự báo giá cho XRP, Solana và...

    4 hours ago
  • Best Meme Coins to Buy Now

    Meme Coin Tiềm Năng Nên Mua Ngày 16 Tháng 11...

    4 hours ago
  • Các Đồng Coin Tiềm Năng Nên Mua

    Các Đồng Coin Tiềm Năng Nên Mua, 4 Dự Án Presale...

    4 hours ago
  • cheap altcoins

    Các Alt Coin Nên Theo Dõi Tháng 11 2025: Bitcoin Hyper...

    4 hours ago
  • イーサリアム...

    8 hours 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.