Chinese Bitcoin Exchanges OKCoin, BTC38 and FXBTC React to Central Bank Policy Changes

Chinese Bitcoin Exchanges OKCoin, BTC38 and FXBTC React to Central Bank Policy Changes

New reports indicate that Chinese bitcoin exchange OKCoin and FXBTC have been contacted by financial partners recording the closure of certain accounts used to conduct business. OKCoin was reportedly contacted by a third-party payment processor, whilst FXBTC was contacts by commercial bank account providers, according to CoinDesk. OKCoin confirmed this news with an official statement, noting that deposits via pre-paid cards will be halted. CoinDesk notes that debit card and yuan withdrawals are not affected. FXBTC also posted an official statement noting that banking partners are looking....


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