Houbi and OKCoin Are Finally Resuming Withdrawals

Signs are emerging that a long-lasting withdrawal freeze in China’s bitcoin exchange ecosystem is finally thawing.

A representative for has OKCoin confirmed a report today that withdrawals had resumed at the exchange, one of the largest in the world by volume. The spokesperson added, however, that withdrawals would be contingent on passing a verification requirement and prescribing to a $1m annual limit.

Read more here: http://www.coindesk.com/okcoin-huobi-move-end-chinas-bitcoin-withdrawal-freeze/