China’s 3 biggest bitcoin exchanges continue to block customer withdrawals

Bitcoin is under attack in China. According to this Business Insider report, the three largest exchanges are blocking all withdrawals.



Bitcoin trades down 2.4% at $1198 a coin as selling takes hold for a second day. Wednesday’s weakness comes after China’s three largest bitcoin exchanges (OkCoin, Huobi, and BTCC) all issued statements saying they will continue to block withdrawals until granted approval to let them resume by regulators, according to Cryptocoins News.

The cryptocurrency plunged more than $100 in a matter of minutes on Tuesday about two hours after a Bloomberg headline cited a People’s Bank of China official as suggesting the recent bitcoin regulation wasn’t temporary.

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Thomas Dishaw is an activist and the editor of govtslaves.info. He has written for naturalnews.com and has been the subject of numerous hit pieces published by The Daily Mail, New York Daily News, Forbes and Gawker. Thomas currently resides outside of Philadelphia, PA with his wife and dog. You can support Thomas' work by making a donation below or purchasing some gear from the Gov't Slaves Store. You can reach Thomas via email at thomasdishaw@protonmail.com or follow him on Instagram.

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