06 Dec '13, 12am

China bans banks from doing business in #bitcoin.

Over the past two months, China has become world’s most enthusiastic Bitcoin market, and the country’s central bank has taken notice. In short, it’s concerned. The People’s Bank of China has barred the country’s banks and payment systems from doing business in bitcoins, though it has stopped short of banning the world’s most popular digital currency outright, according to a note posted on the central bank’s website. Instead, the bank says that Bitcoin businesses should register with the relevant agencies to ensure that they are in compliance with the country’s anti-money laundering regulations. That’s similar to the approach already taken by U.S. regulators, who have allowed Bitcoin businesses to operate, but also seized bank accounts belonging to the Mt. Gox Bitcoin exchange after it failed to comply with federal regulations. The Chinese central bank did, however, answer ...

Full article: http://www.wired.com/wiredenterprise/2013/12/china_bank/?...

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China Says Banks Can't Do Business in Bitcoin

wired.com 05 Dec '13, 8pm

Over the past two months, China has become world’s most enthusiastic Bitcoin market, and the country’s central bank has ta...

China Bans Bitcoin Trading By Banks

China Bans Bitcoin Trading By Banks

npr.org 05 Dec '13, 2pm

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nytimes.com 05 Dec '13, 2pm

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Bitcoin trade ban for Chinese banks

bbc.co.uk 05 Dec '13, 2pm

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#Bitcoin has ‘no legal status’ – China Central ...

rt.com 05 Dec '13, 9am

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engadget.com 05 Dec '13, 3pm

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Bitcoin trade ban for Chinese banks

Bitcoin trade ban for Chinese banks

bbc.co.uk 05 Dec '13, 12pm

Continue reading the main story How Bitcoin works Bitcoin is often referred to as a new kind of currency. But it may be be...

China's

reuters.com 05 Dec '13, 8am

By John Ruwitch and Pete Sweeney SHANGHAI Dec 5 (Reuters) - China's government banned financial institutions from trading ...

China central bank warns banks against use of bitcoin

China central bank warns banks against use of b...

cnbc.com 05 Dec '13, 8am

Getty Images China's central bank warned on Thursday that financial institutions should not trade the digital currency bit...

China central bank warns banks against use of bitcoin

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in.reuters.com 05 Dec '13, 8am

BEIJING (Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital curre...

China, banks ponder Bitcoin as popularity soars via @usatoday

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usatoday.com 06 Dec '13, 12am

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bloomberg.com 05 Dec '13, 8am

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