“Central Bank always said BTC Exchanges Are Legitimate and Legal” - BTC China CEO, Bobby Lee
The price of Bitcoin has been steadily climbing upwards in the past two days as the April 15 deadline for Chinese-based lenders and payment companies to close the trading accounts of more than 10 domestic Bitcoin exchange platforms, has come and went. First, not every exchange has received a notice about the closing of their accounts. Second, Bobby Lee, CEO of BTC China, has clarified that it’s “business as usual” and that nothing has changed despite rumors, which he dubbed as fake. In a cnbc report, Bobby Lee confirmed that the rumors were in fact just that: “As far as BTC China is....
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Upbeat Bobby Lee? I managed to catch Bobby Lee, CEO of BTC China, on the phone yesterday to talk about Bitcoin's situation in China. What is the situation with the PBOC (People's Bank of China) and Bitcoin in China? The PBOC secretly ordered payment processors and banks to dissociate themselves from Bitcoin exchanges. There was nothing in writing, just pressure exerted on them. As the number 1 exchange in China, we are examining our options. There are many available. Do you plan on moving BTC China abroad? I cannot tell you what our next move is, but we are not ruling anything out. You do....
The International Bar Association did a fascinating interview with Bobby lee. We have summarised the 45 minute long interview for you. Bobby Lee, the owner of BTC China the largest and first Bitcoin exchange in China. Previously an engineering manager at Yahoo as well as the vice president of technology at Walmart. His brother, Charlie Lee is also the creator of Litecoin. Recently, a video came out where he was interviewed by Rebecca Lowe over at the International Bar Association. “Bitcoin is not a far leap from my background, so to speak. It is in the world of finance, but it is very much....
Do you wonder why the Bitcoin price suddenly have increased this weekend? Take a look at the graph below of the Huobi trading volume. They have an insane trading volume now with more than 200 Bitcoins being traded every minute. They beat both Mt. Gox, Bitstamp and BTC China. So why has Huobi surpassed BTC China in trading volume? It has been said that current exchanges in China have used their CEO's personal bank accounts to start it off. BTC China's CEO Bobby Lee has been able to put up corporate bank accounts because of the risk involving his own personal bank account.While Thus Li Lin,....
The story of BTC China has been an interesting one. This exchange went from nobody's talking point to the largest bitcoin exchange in the People's Republic of China in a matter of weeks. That is, until, they stopped accepting bank deposits. Many were convinced it was the end of BTC China's short, short history. Unlikely. The exchange has once again begun accepting bank deposits with its corporate bank account, according to a number of user reports and confirmation from the company's head honcho. "Previously, we judged doing this as not being viable, however, we have since changed our....
Bobby Lee is one of the most prominent members of the Bitcoin community and the co-founder and CEO of BTC China – the world’s largest Bitcoin exchange by volume in the post-MT. Gox world. The CoinTelegraph got a chance to interview Bobby Lee at Bitcoin 2014 Amsterdam to get his thoughts and expert opinion on the conference and Bitcoin’s outlook in China. Here are the questions we've asked: 1. What are your goals for this conference? 2. You mentioned in an interview last month that you are "not worried about things beyond your control". How is BTC China adjusting its business model in light....