ViaBTC CEO: China Will Ban Bitcoin Exchanges

ViaBTC CEO Haipo Yang tweeted that “China will shut down all exchanges,” lending credence to the rumors that the country will make it illegal to operate a bitcoin exchange.

Earlier today, regional Chinese media outlet Caixin posted an article claiming that the country’s regulators are planning to ban bitcoin exchanges. These rumors are thus far unconfirmed, but Haipo Yang–CEO of bitcoin exchange and mining pool ViaBTC–tweeted that “China will shut down all exchanges,” along with a picture of what appears to be a news article. Yang has not commented further on the matter, nor has the official ViaBTC Twitter account revealed whether they have been shut down by the government.