BTC China

Chinese regulators have shut down bitcoin exchanges, leaving the future of digital currencies in China up in the air and sending the price of bitcoin and ether tumbling. On Thursday, China Business News and 21st Century Economic Report both reported that regulators verbally instructed Chinese...

It’s been a rough month for bitcoin investors. The price of a bitcoin dropped another 7 percent Thursday after one of the biggest Chinese exchanges is closing its doors. On Thursday, BTC China tweeted that it will cease operations at the end of the month as the Chinese government ramps up its...

Bobby Lee, co-founder and CEO of BTC China, China's largest bitcoin exchange, commented on the country's decision to prohibit banks from accepting bitcoin as currency on CNBC's Fast Money Monday night. “So financial institutions and banks are not allowed to do business with bitcoin because it...

Silk Road, the anonymous internet marketplace mostly used for sale of illegal drugs, reopened its doors on Wednesday --  just a month after its shutdown by U.S. law enforcement. According to the site's new administrator,  the new Silk Road improves upon the old version with more secure identity...