Chinese Web Giant Sina Launches Bitcoin Information Pages
Sina.com.cn, China's fourth most-popular web portal, yesterday launched Sina Bitcoin Market information pages with charts, statistics and real-time market quotes. Sina announced the launch by saying the service was created to assist investors in understanding and discussing bitcoin market trends and relevant market knowledge. It features data gathered from Mt. Gox (USD-BTC), BTC China (CNY-BTC), and 11 more of the largest bitcoin trading platforms. It said the site aimed to be easy to use and understand, and welcomed user suggestions. Initial reports said the response from users was mainly....
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Just because the authorities in China are cracking down on bitcoin in China doesn't mean the Chinese population isn't interested in it anymore. Sina.com.cn - China's 4th most-popular web portal - has launched pages dedicated to bitcoin, complete with news, real-time price quotes at multiple exchanges (BTC China, Mt. Gox, OKCoin, etc), and more. Sina launched the pages in hopes of educating investors and just generally keeping them, along with others, in the know. Sometimes referred to as the "Yahoo! of China", the pages will undoubtedly be a tool of education with its widespread reach,....
Original Chinese article here. English article by Caixin. Caixin is a trusted Chinese financial news source. Ties to the 3/21/14 Sina.com FUD incident. In contrast to the 3/21/14 incident mentioned by OKCoin, this news was broken by Caixin not Sina. More importantly, the original article has not yet been rescinded. In the original rescinded Sina article that turned out not to be true, it was claimed that on 3/18/14 a document was released that would have banned Bitcoin transactions in China by 4/15/14. The PBOC took to Weibo to announce that: "Regarding the PBOC statement issued on 3/18....
On March 21 the Chinese information site, Sina Weibo, published an article stating that China is expected to completely ban all operations involving Bitcoins starting April 15, while the authorities have already issued this warning to exchanges. “In regards to the announcement by the Central Bank on the 18 March, allegedly containing information that the government is planning to ban all Bitcoin transactions, we affirm that the news presented by Sina Weibo is only half-true. While it is true that The National Bank of China will release a new document, it will not prohibit Bitcoin....
The emblem of the Peoples' Republic of China. Editor's Note: BTC China has been dropped by Tenpay, the 2nd largest third party payment processor in China after Alipay, and is currently using Yeepay (an obscure smaller third party payment processor) for deposits and withdrawals. BTC China is also located in a special zone in Shanghai and it is my opinion that BTC China will continue legal operations in the best interest of their users; however, the waters in the meantime will be tumultuous. The timeline is this: By Chinese New Years, Chinese Bitcoin Exchanges will have to have found new....
A false report published on a financial news feed run by Chinese microblogging site Sina Weibo was responsible for the sharp decline in bitcoin prices across China's biggest exchanges today (21st March). At 10:22 am GMT, Sina's financial live feed issued a now-retracted news report indicating that China's central bank, the People's Bank of China (PBOC), would move to halt all bitcoin transactions in the country effective 15th April. If true, the news would have interrupted a period of improved relations between the burgeoning bitcoin ecosystem and the nation's lawmakers, but coincided with....