Bitcoin exchanges in China to likely close after new ruling
 

Beijing business magazine reports China’s PBOC on Bitcoin crackdown blitz. It looks like things are over for Bitcoin in China. According to a report by Caixin, a Beijing-based business magazine, the People’s Bank of China (PBOC), the country’s central bank, has ordered all banks in the country to stop processing payments for local bitcoin exchanges. [...]

http://vr-zone.com/articles/bitcoin-...oin-china-pboc