Friday, January 19, 2018

The Chinese Central Bank ordered all banks detect suspicious account about cash Cryptocurrency.


People's Bank of China - PBOC issued a circular letter to all banks do not serve. Any activity related to money. Cryptocurrency

This letter was not published on the PBOC's website directly, but the South China Morning Post newspaper has stated that the documents submitted by the bank since last Wednesday. Coinciding with the time value of money Cryptocurrency virtually all currencies fell heavily.



Within just four months. China's policy towards the Cryptocurrency harsh steadily Since the ban on funding ICO, closing market exchange Cryptocurrency, pressure mines Cryptocurrency money by ordering limit the use of electricity, and closed trading between individuals. (over-the-counter) measures to ban bank accounts related to money Cryptocurrency is the latest measures.

Orders state to monitor the behavior of bank accounts at all times and if the account associated with money Cryptocurrency to close soon. Prompted by the PBOC Measures by the 20th January.

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