Threes Ways to Generate Fake Transactions at Bitcoin Exchanges

Mar 15, 2017

The year of 2017 has witnessed a rise of 194% in bitcoin price, which has taken the lion’s share of the media. The daily transaction of big bitcoin exchanges could amount up to 30 billion RMB. Fake transaction is an invisible hand behind this growth. Bitcoin industry insiders revealed tha...

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10 arrangements that might change the future of Chinese bitcoin exchanges

Feb 22, 2017

Blockchain Research Institute of China held a conference about blockchain regulation on Febuary,17th at Museum of Internet Finance. Huo Xuewen delivered a speech about current blockchain and bitcoin regulation in China that led to a heated discussion among 50 participants. All directors ...

PBOC host closed-door meeting with 9 Beijing-based exchanges

Feb 9, 2017

On 8th Feb 2017, a closed-door meeting was held in Beijing with PBOC officials and heads of 9 Beijing-based bitcoin exchanges. These 9 exchanges are Chbtc, Btctrade, Haobtc, Yunbi, Yuanbao, BTC100, Jubi, Bitbay and Dahonghuo. PBOC reiterated the regulatory requirements: ...

Chinese Exchanges consider to split Bitcoin to appease PBOC and attract more users

Jan 23, 2017

As Chinese exchanges will begin to charge service fees for transactions on their platforms starting Tuesday January 24, they seem to have devised a way to split Bitcoin into a more usable form associating its divisibility with the parity it has with fiat money. The move to charge both mar...