China’s ‘Big Three’ Bitcoin Exchanges: BitLicense Would Harm Overseas Markets
The CEOs of China's three biggest bitcoin exchanges have sent a joint letter commenting on the BitLicense proposal.
BTC China
BTC China has expanded its range of services to include a mining pool and payment processing for merchants.
Chinese exchanges and yuan trades now dominate bitcoin markets, as macro factors and fee structures pump up volumes.
BTCChina has backed Jeff Garzik's block size scaling solution, giving BIP 100 a majority of the network's hashing power.
The majority of bitcoin transactions over the last 30 days came from yuan trades, it has been announced.
Following accusations that China's top exchanges were fractional-reserve businesses, OKCoin's audit shows it holds 104.86% of customer bitcoins.
BTC China
