Crypto News: Bitcoin Markets Rebound as More Chinese Exchanges Plan to Close Operations

Bitcoiners have been waiting for the two Chinese exchanges, Huobi and Okcoin, to announce that they were closing operations. Earlier this morning, the Chinese financial publication Caixin revealed that the two exchanges may stay open longer because they have a lot of users and the companies did not participate in the ICO process. Following this story, on September 15 at 9:30 pm Beijing time both trading platforms announced they would be closing trading operations on October 31. Both blog posts from each exchange are nearly identical.  

“On September 30 we will inform all users about stopping our trading services,” explains Okcoin and Huobi’s announcement.

On October 31, in turn, we will gradually stop all the digital asset exchange operations associated with the RMB trading business.

Full story at http://bit.ly/2wxfLTb

Source: Bitcoin News

 

 

 

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