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).
I knew it that they will come back again with their operations. I thought they will migrate to nearby countries and will continue it's operation that way. Anything that goes for this type of business there's no one that can stop it even the Chinese government when same interests are applied for the company and also for the Chinese government. Other exchanges will be wild again and will announce the same thing. And now, let's expect bitcoin's price up to the moon again.
If my memory serves me right, ViaBTC was going to move their exchange operations to Hong-Kong, though I don't know if they actually moved there or, if not, whether they are still going to change the country of their business. Does anyone know what's become of that? At large, the politics and decisions of the Chinese authorities seem to be very unpredictable and controversial, mildly speaking. But as I said before, they influence Bitcoin less and less each time the Chinese government comes up with something new.
I don't have also any news about their migration to Hongkong. But I guess there's no need to do it so because there's an indication now that they can now start operating again with any Chinese region. We can't really get any reliable source on what's happening to China and it's businesses regarding bitcoin and to be specific with their exchanges. I'm only waiting now for any cryptonews website to publish an article regarding this comeback from China.
You can read about their former plans
here and
here. The synopsis can be written as following:
ViaBTC Intends to Launch an Overseas-Based Bitcoin Exchange After Ceasing Chinese Operations on September 30th. Chinese cryptocurrency exchange ViaBTC has announced its intention to launch a trading platform based outside of China. The decision to establish an overseas-based platform follows announcements that the exchange will shut down operations in mainland China on September 30th. ViaBTC has revealed plans to launch a cryptocurrency exchange platform outside of mainland China.
If they were really planning to launch their trading business somewhere outside of China, for example, in Taiwan, as some people on reddit suggested, it doesn't make much sense to stay in China any more. Today the Chinese authorities may allow cryptocurrency trading only to change their mind again tomorrow. Though I certainly agree with your note that we can't know for certain what is going on in China with respect to bitcoin and bitcoin exchanges there
They have to do it if they can sense that there are some future troubles that's about to happen in China. And they must make this initiative of doing it so and most of the links that you've given are still discussions from people who mostly are not living on China but if someone who lives on China will share on what's really happening there then it will us some delight.
Anyway thanks for the link mate I appreciated it.