19 Apr '17, 1pm

After BitFinex, Chinese Bitcoin Exchange OKCoin Suspends Wire Transfers

After BitFinex, Chinese Bitcoin Exchange OKCoin Suspends Wire Transfers

In a similar notice, Bitfinex confirmed all incoming fiat wire transfers would be blocked and refused by their Taiwanese banking partners. Taiwan is notably under the control of the Republic of China and not the People’s Republic of China. Last week, Bitfinex confirmed delays processing outbound USD wires, ultimately leading to the freeze of fiat deposits. The Hong Kong-based digital currency exchange adds that it is looking for “alternative solutions” for customers looking to deposit or withdraw in fiat currency.

Full article: https://www.cryptocoinsnews.com/bitcoin-exchange-okcoin-s...

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