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An independent news website based in California called the China Digital Times, has recently published leaked censorship instructions made by Chinese government officials to the Chinese media. The government agency, which was not named, told the Chinese media to take down, or...

China’s largest bank, the Industrial and Commercial Bank of China (ICBC), has announced the banning of any Bitcoin trading related activity. This move has joined ICBC with around 10 other Chinese banks that have reacted following the PBOC’s Bitcoin crackdown. According to the...

The PBOC crackdown continues in China as two more banks announced shutting down Bitcoin trading accounts. China Guangfa Bank and Shanghai Pudong Development Bank Co Ltd, have both stated that their customers are banned from using their bank accounts to trade with Bitcoin. These...

The CEOs of five major Chinese bitcoin exchanges have pulled out from Global Bitcoin Summit 2014 (GBS) taking place this weekend May 10-11. This news comes in the wake of actions taken by banks against them which forced most of them to shutdown accounts related to bitcoin...

Bitcoin has been hit once again by the Chinese regulatory hammer as the crackdown gets stronger, due to the warnings issued by People’s Bank of China. On twitter, BTC China, one of the most vocal and prominent Chinese Bitcoin exchanges, tweeted: Dear users, Due to...

After the People’s Bank of China announced stricter rules with Bitcoin towards the end of April, Bitcoin companies in China have been facing problems. FXBTC, a small Bitcoin exchange in China, is the latest to announce shutting down. The company’s decision to shut down was...

After the recent backlash on Bitcoin by the People’s Bank of China, a series of repercussions were caused in China. BTC China stopped its Chinese RMB deposits, and companies who dealt with Bitcoin directly or indirectly were told to stop. This occurred even though Bitcoin is not...

A few weeks ago, OKCoin, a Bitcoin exchange in China, posted on its website that it would stop providing prepaid recharges as per the suspension of its “payment channel.” Just today, OkCoin received a call from China Construction bank that said that it would stop support for...

Popular Chinese Bitcoin exchange Huobi made an announcement on its website that it will be halting voucher deposit services. This is due to the recent warning that the People’s Bank of China (PBOC) made regarding Bitcoin. The Bank is aiming to further limit Bitcoin businesses in...

Amid many rumors of a Bitcoin ban in China, the Chinese central bank has sent out notice to the Chinese Bitcoin exchanges, and it is not in the favor of the digital currency. China’s central bank, the PBOC, has just ordered payment companies and commercial banks to shut down...