Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OldGeek
on 01/05/2014, 03:37:47 UTC
New update from OKCoin (2014-05-01 08:46:08)

Quote
RE: CCB "Declaration on the Prohibition of the use of my bank account for Bitcoin transactions."

Hello, my colleagues have been responsible for the company and related verified. No problem, our account hasn't been cancelled. Please rest assured
.

It looks like banks have put the statement online without cancelling a single account. All exchanges still allowing fiat deposits as usual.
Find specific accounts being used for bitcoin trading and then cancelling them is a task ahead of them that they have to do work for and perform. However, it is easy to simply post a statement. The May 10 deadline I believe is just a deadline to make statements and not actually close accounts.

I hope not. That would launch BTC to the moon again on May 10th

I doubt that.  More likely it would mean more of the same crap until the next 'deadline'.