I posted earlier on the People's Bank of China meeting with bitcoin exchnages on Wednesday
As a bit of a catch up to the news that came out late Wednesday China time: PBOC held "closed-door meeting" with bitcoin exchanges on Wednesday
Bit more detail on the wires:
- PBOC met with 9 BTC exchanges
- The Bank says it requires the exchanges
- not to provide financing (no margin lending)
- Not to do money laundering
- Not to violate FX rules
- Not to commit other offenses
PBOC says BTC exchanges risk closure if they commit serious offenses
