seleme
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January 31, 2014, 12:00:36 AM

Nice timing for a reconsideration Mr. Lee:

"“Previously, we judged doing this as not being viable, however, we have since changed our stance. We looked again at the guidance issued in December and we think it’s a reasonable for us to accept customer deposits via our corporate bank account,” said Lee."

Such coincidence.Wow

hopefully this is a correct interpretation of the law, and they will be allowed to do this. but china doesn't want money leaving the country, maybe chinese regulators will ask US regulators to make sure a chinese person is not allowed to exchange their bitcoins for USD via an exchange.


It seems mister Lee single handedly destroyed BTC-China with his overly negative view he presented a month ago. It seems it never was prohibited for the banks to send money to an exchange.


In other words - he shat his pants, that's what Chinese Government does to you Cheesy