Post
Topic
Board Speculation
Re: "Big News From China" is spreading false information
by
tscen
on 27/10/2017, 10:58:39 UTC
Thank you for the clarification. I think the title of that thread should be "Big News From China's biggest cryptocurrency exchange". Another lesson learned for today, I think we should really research the threads and news posted here.

Guys, It has nothing to do With CHINA. Read the FIRST POST.

In fact, they can't be called as China's exchange at all, they are not registered in China and doesn't support CNY deposit/withdrawal. which means no average Chinese traders at there.
The only thing China related is the exchange is running by Chinese in China.

you can think as this: some American registered an exchange at HongKong and only do EUR deposit/withdrawal/trade and doesn't / can't accept any kind of fund from/to America (say America used the same capital controls as China's).
Is it an American exchange then? compare the differences between this exchange and coinbase/gemini.