At the Inside Bitcoins conference in Las Vegas, the CEO of the world’s largest bitcoin exchange, BTC China, dished out some impressive figures with regard to his exchange’s growth.
“Trading volume has risen from $5 million to $50 million,” said head honcho Bobby Lee. Malcom CasSelle from Timeline Labs said “[BTC China is] transacting 150,000 BTC per day.”
On the topic of when the recent news that China was warning financial institutions from toying with bitcoin, CasSelle said that “BTC China as a business will not have problems with deposits and withdrawals”, referring to the very banks who transact BTC China’s deposits and withdrawals. (via CoinDesk)