Breaking: Chinese Exchanges Resume Withdrawals, Bitcoin Likely to Surge
OKCoin is the largest Bitcoin exchange in China which processes 31 percent of trades within the Chinese Bitcoin exchange market. In February, OKCoin and Huobi, the two largest Bitcoin exchanges in China, were flagged by the People’s Bank of China for operating a trading platform without appropriate Know Your Customer (KYC) and Anti-Money Laundering (AML) systems.
On May 31, local Chinese Bitcoin and cryptocurrency news source cnLedger reported that OKCoin China resumed withdrawals for traders.
If this projection is correct, I think this Bitcoin related stock will be significantly higher.
I just penned this quick report on a Bitcoin related stock as a speculation. Would sincerely love to hear your input. I tried to warn people of the risks, while at the same time point out the potential as these cryptos keep exploding higher, as there really are very few 'crypto stocks' out there, this may prove a unique opportunity.
https://steemit.com/bitcoin/@motowngold/bitcoin-services-btsc-a-rare-bitcoin-stock-that-may-be-a-great-opportunity
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