Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
The fact that they resume operations just shows us one thing.
CHINA is going to step back from their ban on cryptocurrencies exchanges.
Huobi is an exchange that is up to the rules, if they resume operates, OKCoin and other chinese exchanges are expected to follow up.
I really hope that we will see an official update from the chinese government about the trading ban, it could impact the bitcoin price positively.
You are being fooled by this false information. China banned exchange and nothing has been changed.