Quote from: boombes on December 05, 2013, 09:40:32 AM

I work for an international company and i asked a chinese colleague to translate it for me. *(No literal translation at this moment)*

The bank is not supporting bitcoins, the risk has to be taken by the user if he decides to enter the bitcoin market. No guarantees are given for the losses made (as other investment most of the time have).

So it;s basically the same as it is in the netherlands for me with rabobank, they state: we do not support bitcoins use at own risk. we will not be liable for the damage made.

I don't think it's bad news just a warning for the general public by the bank of china.

If people want the literal translation a donation will be appreciated for the time the colleague needs to spend on it

At this stage, financial institutions cannot denominate services and products in bitcoin, cannot trade bitcoin, cannot run bitcoin exchange, cannot provide bitcoin related services, cannot store bitcoin for clients, cannot establish bitcoin trust or fund, etc.