"Chinese volumes account for less than 10 percent of global volume - they are no big deal", saidCharles Hayter, founder of cryptocurrency analysis website Cryptocompare.Beijing-based platforms OkCoin and Huobi, which are among China's biggest exchanges, said on Friday that they planned to stop yuan-based trading by October 31, confirming earlier reports. The exchange said it was acting "in the spirit of" a central bank ban last week on initial coin offerings but gave no indication it received a direct order to close. The central bank has announced that Chinese companies will no longer be allowed to issue units of electronic currency to lift funds. The government seems to be laying the groundwork to ban independent digital currencies from the Chinese economy altogether.
"After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina Exchange will stop all trading on 09/30". NIFA also said that cryptocurrencies had no legal base of foundation in China.
Interestingly, the cryptocurrency market has actually picked up following the news. Bitcoin did not push to new highs until February of this year.
Wednesday, Bitcoin dove by more than 10%, as investors sold the cryptocurrency after a warning by JPMorgan (NYSE:JPM) Chief Executive Jamie Dimon that it "is a fraud" and will eventually "blow up".
Jon Jones : Stripped again from his title
Cormier lost the belt to Jones in a third-round stoppage at UFC 214 in Anaheim, California. Whatever the ultimate verdict, Cormier wants his followers to respect Jones.
"It's worse than tulip bulbs". But the digital currency has suffered huge security breaches in the past and its exchange rate can rise or fall rapidly.
Levitt said he would avoid investing directly in bitcoin due to its wild price fluctuations that are "hard to understand". But he said Chinese crackdown on Bitcoin won't work. "The Great Firewall of China won't be able to block Bitcoin traffic originating on Blockchain's decentralized network". The cost of the bitcoin declined to 26,400 Yuan (almost to $4,029) on BTC China this week compared to 32,500 Yuan of last week. Overall, confidence in cryptocurrencies has been on the rise for years, and people are still likely to be drawn to its potential for rapid gains. "We shouldn't be surprised that this threat sparks extreme reactions from the industry's top insiders", Assia added.
Having hit record highs just weeks ago, bitcoin's boom has since abated as the currency feels the heat from heightened regulatory attention.
Laurie had actually casually been killed off prior to that in 1988's Halloween 4, which centered on her orphaned daughter Jamie. The character was supposedly killed off in Halloween: Resurrection , so the writers will have some explaining to do.
But the reigning champions endured an uncharacteristically off-colour weekend in 2015, when Vettel won for Ferrari instead. McLaren have endured a miserable year, and are last but one in the constructors' championship.
It has been extended on several occasions; The latest extension came in July and is expected to last until November 1. The French army's anti-terrorism Operation Sentinel was established following the 2015 terrorist attacks in Paris .
Australian tennis great Margaret Court recently sparked a similar backlash by expressing her opposition of same-sex marriage. The legislation was introduced because the survey is not covered by the usual safeguards governing elections in Australia.
The irony is that these "protections" might, depending on how you have your browser configured, mean you see more autoplaying ads. Google's autoplay blocking features will start showing up in the beta, canary, and dev builds this month.
Welcome along to the Clunker Bowl as the Texans and Bengals attempt to bounce back from thoroughly miserable displays in week one. It worries me that Foreman will seemingly get more carries as the season goes on but for this week he should be relatively fine.
A computer screen in mission control displays mission elapsed time for Cassini minutes after the end of mission. The spacecraft tumbled out of control while plummeting at more than 76,000 miles per hour (122,000 kph).
If you don't qualify, FEMA will send you a letter explaining why and tell you how to go about appealing that decision. Homeowners with property insurance should file separate claims with both their insurance provider and with FEMA.
In 2013 it recalled the Vatican's then ambassador to the Dominican Republic following allegations that he sexually abused minors. After he was defrocked, Wesolowski lost his diplomatic immunity and the Vatican said he could be tried by other courts.
Large numbers of police, ambulances, and fire trucks are in the area, which has been cordoned off by armed police officers. It is also being reported that people were initially told not to leave the station before an evacuation took place.
The former Kiwi all-rounder expected more worldwide teams to travel to Pakistan if proper security arrangements are kept in place. The landmark Independence Cup series between Pakistan and World XI ended with the hosts winning the three-T20I contests by 2-1.
Jose expected to churn ocean along New Jersey shore
The hurricane center also says "a tropical storm watch may be needed for a portion of the North Carolina coast tomorrow". The coast will see some higher surf, unsafe rip currents and possiblly some rain Sunday, Monday and Tuesday.
McMaster Defends Trump Speculating On London Subway Bombing
Police say several people have been injured in the rush-hour incident on a Tube train at Parsons Green station in west London . Trump said the attack was carried out by "a loser terrorist" and urged the U.S.to be proactive in combating terrorism.
24-Year-Old Niall Horan Drops "Too Much To Ask"
He also posted the album's official artwork, which gives us a super up-close-and-personal look at those baby blues. Horan is now embarking on a series of intimate live dates, what he's called the " Flicker Sessions" tour.
'Indian soldier killed by Pakistani fire in Kashmir'
Beh and Shahnaz forward posts", a police officer said. "We hope that this doesn't escalate further", they said. Panic gripped border residents living in villages close to the global border after the cross-border firing.