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OKCoin, Huobi to Stop Yuan-Denominated Trading by October’s End

Written by:
C Costigan
Published on:
Sep/19/2017

The Calvin-Ayred owned CoinGeek.com is reporting that Bitcoin exchanges OKCoin, Huobi will each stop allowing Yuan-Denominated trading come the end of October (2017).

From CoinGeek.com:

OKCoin and Huobi will gradually wrap up their yuan-denominated markets, a process that they hope will be completed by October 31. According to the two exchanges, definitive information about the trading suspension will be sent to users before September 30.

BTC China was the first member of the so-called “Big Three” to announce that it will cease its China-facing trading operations by the end of September.

This comes in the wake of Shanghai authorities having issued a verbal order to Bitcoin exchanges based in the city to stop their operations.

- Aaron Goldstein, Gambling911.com

Business/Financial News

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