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The world’s oldest bitcoin exchange is shutting down in China

Joon Ian Wong
The world’s oldest bitcoin exchange is shutting down in China

Shanghai-based BTCC said it would halt trading on its domestic cryptocurrency exchange by Sept. 30, in response to tighter control over trading crypto tokens by China’s central bank. This followed a report from local media (in Chinese) saying that the exchange had received a verbal notice to halt trading from Shanghai’s financial regulator. BTCC said…