Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business this month.
One of the longest-running crypto exchanges is relaunching its trading service nearly a year after China's regulatory clampdown.
BTCC's mining pool has provisionally agreed to sell a large portion of its equity to a Hong Kong-based financial service firm for $17 million.
Bitcoin services startup BTCC said it's been acquired by a Hong Kong-based blockchain investment fund. It did not name the buyer or reveal the price.
BTCC, an international cryptocurrency exchange with headquarters in China, has announced it has ceased all domestic trading activities.
China's oldest bitcoin exchange has released new details on how it will end yuan trading following a crackdown by the domestic government.
OKCoin and Huobi will end yuan-to-bitcoin trading by the end of next month, but are set to keep offering crypto-to-crypto trades.
China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.
China-based bitcoin startup BTCC is formally launching its feature-packed Mobi payments app today.
BTCC has announced that it will halt bitcoin and other cryptocurrency withdrawals for one month.