Bitcoin is Still Alive and Well in China

Bitcoin is Still Alive and Well in China

Bank deposits are live at BTC China once again. Screenshot via /u/btc_trading. Although many people thought banks weren't allowed to work with Bitcoin exchanges as a result of the December 5th memo from the People's Bank of China, it seems that the Bitcoin community may have overreacted to what the PBOC was trying to say. Some individuals have been wondering if Huobi, a Bitcoin exchange in China, has been operating illegally over the past few weeks because they were allowing customers to making deposits and withdrawals through the CEO's personal bank account. Most people in the Chinese....


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