Watch video · Bobby Lee, CEO and co-founder of BTCC, which closed down its China-facing trading operations in September 2017 after a well-publicized government …
Home Crypto Currency China to eventually lift cryptocurrency bitcoin exchange ban: Bobby Lee, BTCC. Crypto Currency; China to eventually lift cryptocurrency bitcoin exchange ban: Bobby Lee, BTCC. By. Bitcoin Newswire – January 4, 2018. 206. 0. SHARE. Facebook. Twitter.
China Will Eventually Lift Cryptocurrency Exchange Ban, Says CEO of Oldest Bitcoin Exchange Bobby Lee, CEO of BTCC, said that he believes it’s possible that China will lift the ban on crypto trading one day, but isn’t clear on when this will happen.
China to eventually lift cryptocurrency bitcoin exchange ban. Though China is among those nations spearheading the fight against decentralized cryptocurrencies, past BTCC CEO, Bobby Lee, is optimistic that the nation will gradually become increasingly accepting of their business.
At a time in which the People’s Bank of China (PBoC), China’s central bank, reveals it can indirectly regulate bitcoin mining by limiting power use, BTCC co-founder and CEO Bobby Lee, revealed he believes it is a matter of time before the country lifts its crypto exchange ban, presumably including initial coin offerings (ICOs).
On September 30, 2017, a Shanghai-based bitcoin exchange BTCC announced that it will shut down its China-facing operations. This announcement by the oldest cryptocurrency exchange in the world’s largest market confirmed that China may be on the verge of a broader campaign to discourage cryptocurrency activity in the domestic market – extending a permanent ban on crypto-exchanges.
Bobby Lee, CEO and co-founder of BTC China (BTCC) – the first and largest Bitcoin exchange in China that offers the highest liquidity – recently admitted in an interview with CNBC that it is only “a matter of time” before China lifts its ban on cryptocurrency exchanges.
Founded in 2011, BTCC was the world’s oldest bitcoin exchange until it shuttered its exchange in September last year under pressure from Chinese authorities. BTCC founder and CEO Bobby Lee told Business Insider: «We always knew it was a risk that the Chinese government would look unfavourably on bitcoin and put some strong rules around it.
Jan 05, 2018 · BTCC’s Bobby Lee Is Optimistic About the PBOC Lifting the Cryptocurrency Exchange Ban Last year during the first month of 2017 China’s central bank initiated its first crackdowns against domestic bitcoin exchanges.
Co-founder of BTCC — formerly the largest Chinese crypto exchange — Bobby Lee shares his thoughts on the uncertain future of crypto in China. Co-founder of now-closed Chinese crypto exchange
BTCC founder Bobby Lee discuses SegWit2x and China’s bitcoin exchange ban on Reddit AMA. Several days ago, online conversation was organized between Bobby Lee, the chief executive officer of