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Jdebunt

TheMerkle - Bitcoin Exchange BTCC Will be Investigated by PBOC

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If the PBOC had evidence to prove BTCC was doing something illegal, they would not issue this “warning” one week in advance. All signs point towards a routine inspection of the BTCC platform and their operations. China has not deemed Bitcoin to be a currency, yet this inspection may be the first step towards achieving that goal. For now, it remains to be seen what the investigation will turn up, though.

 

http://themerkle.com/bitcoin-exchange-btcc-will-be-investigated-by-pboc/

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