It has been less than two weeks since the nationwide ban on Chinese bitcoin exchange ban was finalized and already, bitcoin traders in the Chinese market are already moving to Japan. OKCoin and Huobi, two of the largest bitcoin exchanges in China that have been responsible for around 75 percent of bitcoin trades in the Chinese market, were given leeway by local financial regulators to operate until the end of October. That means, Chinese traders have at least a month to close their accounts, move their funds and search for other ways to trade bitcoin. But, almost immediately after leading […]
The post Why Bitcoin Traders are Moving From China to Japan; Better Regulations appeared first on Hacked: Hacking Finance.
Bitcoin, Ethereum and other Cryptocurrencies