Davyd05
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile Personal Message (Offline)

Ignore
April 03, 2014, 03:56:41 PM

Key points of Huobi's announcement:

1. Huobi has checked with their third party payment service providers and banks and was informed that no instruction from PBOC had been received.
2. Huobi will stop all third party payment services on 05-04-2014.
3. Huobi will ramp up its manpower to 7*24 on internet fund transfer. All bank deposits and withdrawals are not affected.
really?

china ban doesn't affect Huobi??

China ban? Source? Caixin? If you trust Caixin, then yes. Huobi says they and their financial partners have not received the news from PBOC yet.

"The new announcements are the latest indication that China’s central bank, the People’s Bank of China (PBOC), may be following through on its decision to more actively enforce prior rulings related to how domestic financial service providers can interact with the bitcoin exchanges.

For example, while OKCoin was contacted by its third-party processor, FXBTC has been contacted by commercial banking providers."

http://www.coindesk.com/chinese-bitcoin-exchanges-okcoin-fxbtc-report-new-deposit-freezes/

ya we all know that

so why is Huobi not saying the same thing?

How about this - Huobi = People's Bitcoin Bank of China ?

Socialism at work gentlemen

 Wink

not a half bad theory  Tongue

With Chinese news you always have to read between the lines.

China is the FUD generator

How did huobi not say the same thing?