Daily: Chinese Exchange Yunbi rumored to close within 3 months

in #bitcoin7 years ago

Boxmining Daily Sept 12
1:02 Market Recap
3:00 Argentina adds 250 Bitcoin ATMs
3:10 Russia Blocks Crypto Exchange Debut Ahead Of Anti ‘Gold Rush’ Regulations
3:59 BTC-e’s Vinnik Rejects US Judgment, Offers to Help Putin with Expertise
5:17 Chinese Exchange Yunbi rumored to close within 3 months
9:33 Giveaway Day 3

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wow
why is it closing?

I don't really understand why Russia would be anti-gold rush, or anybody for that matter. Is it just coming from a desire to regulate?

I am liking the live sessions! I am trying to share your work as much as possible! Crypto = Freedom!

it's just one exchange so they don't need to sell, no reason to panic.

Thank you again for the news. Upvoted and resteemed. Keep up the good work.

If you look at the SCMP you will noticed a recent spate of arrest concerning pyramid schemes. The ban on ICO is all related to this as some are seen to be pyramid schemes. Once the is over and regulations in place, ICO will be back to normal again but will take time. However with respect to the main cryptos, no problem what so ever. Life will go on.

@boxmining Thank you for the function, I invite you to evaluate my function..