Chinese BTC Exchange close down, English News and Chinese News didn't quite match and What YOU NEED TO KNOW
What I see from yesterday's news is like this (2017-09-14)
Basically the message is "China ordered all Crypto exchanges to close down"
But most English news is Just one Crypto Exchange named "BTC China" is closing down.
or a rumor that China will close down all exchanges.
I know you like facts but not rumors so here is facts.
- Only one Chinese exchanges confirmed to close down.
- Other Chinese exchanges haven't confirm yet.
- Above Chinese news is saying all exchange are going down.
- China does not need to pass any law to close exchanges.
What I expected in near future.
More Chinese exchanges release formal confirmation about they are going to close down.