China Should Tighten Bitcoin Exchange Regulation: Fin. News
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- China should set up negative list to regulate Bitcoin exchanges in the short term, Financial News cites PBOC Beijing office head Zhou Xuedong as saying.
Alert: HALISTER1- Bitcoin exchanges pose major risks in areas including money laundering, leveraged transactions
- Regulators should adopt a wait-and-see approach in the interim, and develop a supervision system in the long term to ensure financial stability: report cites Zhou
- NOTE: China Bitcoin Exchanges Halt Withdrawals After PBOC Talks Link
- Link to report: http://tinyurl.com/heaoxyl
Source: BFW (Bloomberg First Word)
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UUID: 7947283