Currently, five websites including Bitcoin China, Huobi, Yunbi.com, Weibit, and OKCoin have issued statements stating that they will cease platform operations before the end of the month.

China-Singapore Jingwei Client, September 15th: Currently, five websites including Bitcoin China, Huobi.com, Yunbi.com, Weibit, and OKCoin have issued statements stating that they will cease platform business before the end of the month. As of press time, data from Huobi.com shows that Bitcoin has fallen by more than 10%.

According to Yicai.com, on September 15, the Beijing Municipal Mutual Finance Risk Special Rectification Office issued the "Requirements for Cleaning up and Rectifying Virtual Currency Trading Venues in the Beijing Area". Each trading venue issued an announcement before 24:00 on the same day to clearly stop all virtual currencies. The final time of the transaction and announced that new user registration will be stopped immediately.

html On the evening of 015, Huobi issued an announcement stating that starting from 21:30 on September 15, 2017, Huobi would suspend registration and RMB recharge services, and Huobi would notify all users before September 30 that it would stop trading; Huobi The website will gradually stop all digital asset-renminbi trading businesses before October 31st.

Yunbi.com also announced that it will permanently close all trading functions at 0:00 on September 20th; and suspend all blockchain asset recharge functions from 0:00 on September 18th.

OKCoin announced that starting from 21:30 on September 15, 2017, OKCoin currency bank will suspend registration and RMB recharge business; before October 31, it will gradually stop all digital assets against RMB trading business.

In addition, the Microbit trading platform also announced that it will be closed at the end of the month. The announcement stated that registration, asset recharge, and trading of all trading pairs will be stopped on September 25. The website will cease services on September 30. Before that, all user deposit funds and " Withdrawal of digital currency ".

Yesterday evening, Bitcoin China announced that it would stop new user registrations and would cease all trading operations on September 30, 2017.

From the central bank’s announcement to characterize ICOs as illegal financial activities, suspending all domestic transactions, to shutting down domestic Bitcoin exchanges, since September this year, regulators have exerted unprecedented supervision over digital currencies.

html On September 4, the central bank jointly issued the "Announcement on Preventing Token Issuance and Financing Risks" in conjunction with multiple ministries and commissions, stating that no organization or individual may illegally engage in token issuance and financing activities. From the date of release, all types of token issuance and financing activities should be stopped immediately. Organizations and individuals that have completed token issuance and financing should make arrangements such as liquidation and withdrawal, reasonably protect the rights and interests of investors, and properly handle risks.

html On the evening of September 13, the Internet Finance Association of China issued a reminder on preventing the risks of so-called " virtual currencies " such as Bitcoin, pointing out that so-called "virtual currencies" such as Bitcoin have increasingly become the subject of illegal crimes such as money laundering, drug trafficking, smuggling, and illegal fund-raising. Investors should remain vigilant and report any clues of illegal and criminal activities immediately, emphasizing that "various so-called 'coin' trading platforms have no basis for legal establishment in my country."

According to media reports, on the 14th, Shanghai It has begun to issue "verbal instructions" to a number of Bitcoin trading platforms within its jurisdiction to shut down the trading platforms and withdraw them from the market. The time node is set at the end of September.

Screenshot from Huobi.com

Affected by this series of news, the price of Bitcoin continues to fall. As of press time, the price of Bitcoin on Huobi.com was 18,600 yuan, a decrease of 13.02%. (China-Singapore Jingwei APP)

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