September 15, 2017 / 6:54 AM / in 6 months

ViaBTC becomes second China bitcoin trading platform to shut down

SHANGHAI (Reuters) - Chinese cryptocurrency exchange ViaBTC on Friday said it will shut its mainland China exchange business on Sept. 30, becoming the second this week to announce a shutdown amid a crackdown by Beijing on the sector.

ViaBTC said in a statement on its website that it would close registration, asset deposits and all trading pairs on Sept. 25 and would shut down its website ( on Sept. 30.

“On September 4, China’s central bank together with six other departments released a public statement on regulation policies and warning the risks of ICO projects. As a responsible cryptocurrency exchange platform, ViaBTC has made a serious decision to carry out the spirits of the policy,” it said.

BTCChina, a major Chinese bitcoin exchange, said on Thursday it would stop all trading from Sept. 30, citing tightening regulation.

Reporting by Brenda Goh; Editing by Richard Borsuk

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below