China | Amazing Crypto

China’s Bitcoin Exchanges Impose Fees Following Central Bank Meeting

The era of free bitcoin trading in China appears to be over as a number of smaller exchanges announced new fees overnight.

The People’s Bank of China issued a new statement today in which it laid out in writing new warnings it issued to domestic exchanges.

By attendance alone, Beijing’s first major bitcoin conference is a raging success despite fears of increasing regulatory pressure.

Bitcoin prices sank under $403 after several Chinese exchanges made public announcements on their sites.

The addition of dogecoin to Asia-based BTC38 and ANX has increased its market cap by more than 40%.

This week in the wonderful world of bitcoin: high-profile arrests, Chinese trillions and eyelashes for cars.

Chinese exchanges have had to get creative to stay in the game. But is it a level playing field?

Taobao, China’s largest online marketplace, has banned the sale of all cryptocurrencies and mining gear.

Consumers in China can now purchase smartphones with bitcoin from major carrier China Telecom.