HALISTER1: China Should Tighten Bitcoin Exchange Regulation: Fin. News

China Should Tighten Bitcoin Exchange Regulation: Fin. News

(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.
  • 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
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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