Bitcoin is falling at a rate of $50 an hour
After a series of intense global crackdowns, digital money investors are scrambling to escape.
This week, since the digital currency appears, falling, the currency for below $11000, $10000 and $9000, by the end of time, the currency is almost $50 per hour "jumping type" falling, prices currently hovers around $8679.
The current price of bitcoins is down nearly 57% from a peak of $20,000 in December. In January, bitcoin fell 30 per cent, its worst monthly performance in three years, with a market capitalisation of just $152bn. The last time bitcoin fell by 30% in a single month was in January 2015.
Late February 1, the previous largest domestic virtual currency "coin currency trade" flat t Ann website appeared a note to Chinese users announcement, announcement, according to China's relevant policies and regulations, currency Ann does not provide service for the users located in mainland China.
The journalists then checked out the others, but found that they were operating normally after trading platforms opened to domestic investors. One investor told reporters that while the currency had shut down the mainland's web ports, it was easy to trade through a VPN.
Virtual currency exchange has been regarded as one of the important industries in circle of coin, so although global regulation is the virtual currency trading to make strict controls, but there are still many surges to the market. Japanese chat software company Line Corp recently announced plans to launch a virtual currency exchange. In a statement on Wednesday, Line said Japan's financial regulator was reviewing applications submitted by the company for operating virtual currency exchanges.
Journalists have also been informed that the two major virtual currency exchanges in the country, firemoney network and OKCoin will also enter Japan and South Korea in the first quarter of this year to seize the virtual currency market. It has previously announced that it will set up two exchanges with Japan's SBI group, SBI Virtual Currency and Huobi Japan, to jointly explore the Asian and global digital asset markets. The new exchange will be launched in early 2018, offering currency and yen trading.
OKEx is to launch the digital currency exchange OKCoin in south Korea next month. OKCoin has now established OKCoin Korea website and officially started accepting pre-orders for digital currency. The exchange plans to provide more than 60 digital currency exchange won services.
In fact, the Japanese and Korean markets have also been buzzing, with the risk of virtual currency trading soaring. Last week, Japan's second-largest digital currency exchange, Coincheck, was hacked by hackers to steal $400 million in new currency (NEM).
South Korea's customs office also said Wednesday it had seized 675 billion won ($594 million) of encrypted money crimes, including illegal foreign exchange transactions. , the statement said the south Korean domestic investors to buy the 1.7 billion won the encryption of currency, through virtual wallet to wire their overseas partners, and will remit the encryption of currency exchange for all kinds of legal tender. Such behaviour is an unrecorded outflow of capital.
South Korea began to implement virtual currency trading real-name system in China on June 30. According to foreign media, South Korea's finance minister Kim dongyuan said the government had no plans to close or directly sanction the digital currency. In regulators, however, were not for the standardization of the management system, digital currency exchange is considering digital currency tax related issues as well as the effective management of digital money market investment overheating phenomenon countermeasure.
