China’s Bitcoin Traders Are Losing Confidence in Exchange Prices

China’s Bitcoin Traders Are Losing Confidence in Exchange Prices

The decision by China’s bitcoin exchanges to freeze withdrawals is impacting the country’s over-the-counter (OTC) markets. As reported by CoinDesk last week, two of China’s ‚Big Three‘ bitcoin exchanges abruptly suspended bitcoin withdrawals in response to new pressures from the People’s Bank of China, a move that was followed by similar, though less restrictive, policy updates []

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