China's three major virtual currencies trading platform Bitcoin China, Coin Network, OKCoin currency have announced that they will cease trading business, the Chinese regulatory authorities so resolute and beyond imagination. I would like to know why China prohibits bitcoin. What is the reason, who can tell me?
This is the news link I saw before：
http://www.myzaker.com/article/59bf055a9490cb703500002b/News;
-the Chinese police seize 600 bitcoin mining computers over electricity theft.
Consecure prepares costumer claim process for stolen bitcoin.
-Taiwanese gangsters shoot bitcoin miner,who blames chinas crackdown.
-one of the reports states that despite the official ban companies operating
In chinas cryptocurrency exchange.