OKCoin USA Will Issue Chinese Yuan Stablecoin, Says CEO Star Xu
The founder of Chinese cryptocurrency exchange OKCoin confirmed its US sister operation, OKCoin USA, will issue a stablecoin backed by the Chinese yuan (RMB). Xu: Stablecoin Will Be...
Chinese Police Hold OKCoin CEO For ‘Investigation’ Over Alleged Fraud Links
The CEO of Chinese cryptocurrency exchanges OKcoin and OKEx is in police custody over alleged fraud, local media report September 11. Xu’s Business Gets All-Clear As multiple...
Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop
A user of Chinese cryptocurrency exchange Okcoin has sued the platform for allegedly denying him his free allocation of Bitcoin Cash (BCH) in August 2017. ‘No Deadline’ As...
Chinese Billionaire and Giant Network CEO Invests ‘Tens of Millions’, Acquires 10%...
Shi Yuzhu, CEO of online game developer Giant Network has reportedly invested millions in OKCoin’s sole shareholder, effectively giving it a 10% stake in the online exchange...
Bitpocalypse? Bitcoin Price Plunges as Chinese Exchanges Close
Major Chinese exchanges BTCChina and ViaBTC have announced they will shut down operations causing Bitcoin price to plunge as OKCoin and Huobi are expected to follow. ICO Crackdown...
Chinese Chicken? Spooked Investor Sell-Offs Spark Crypto Price Slump
Bitcoin and altcoins have taken another serious dive Monday as a Chinese sell-off sent prices plunging up to 15% in hours. Bitcoin Back Below $2600, Ethereum Heads Towards $350 In what...
Bitcoin Back Above $2400 as China’s ‘Big Three’ Exchanges Ease Controls
The Big Three Chinese exchanges have finally resumed Bitcoin withdrawals as trading volume appears to be coming back, pushing BTC price back above $2,400. China’s “Big...
OKCoin: New KYC Policy Hints at Possible Withdrawal Reactivation Date
OKCoin announces KYC/AML policy changes and gives users “suggestions and guidelines to boost trading experience and account security. No date for withdrawals has been given...
Bitcoin Price Drops Over 12% as Chinese Exchanges May Become ‘Bitcoin Banks’
It looks like the roller coaster that is Bitcoin price in 2017 is far from over. January has typically been a volatile month for Bitcoin values, but February is becoming very unstable...
Chinese Bitcoin Exchanges Halt Margin Trading: Zero-Fees Next to Go?
As Bitcoin exchanges in China halt margin trading, zero-fee trading may also be on the chopping block as the industry awaits regulation. China Halts Margin Trading Following the...
China: PBoC Says Exchanges ‘Violated Rules,’ Repeats Investor Warnings
Bitcoin started dropping in price once again Wednesday after Chinese authorities stated exchanges “were violating rules.” PBoC: Rules ‘Violated’, AML Measures...
Bitcoin Price Slides as China’s Central Bank Probes Exchanges
Bitcoin fell sharply Wednesday to a 2017 low as China’s central bank sought to inspect flagship Bitcoin exchange BTCC for malpractice including “market manipulation.”...