China is moving forward with plans to shut down Bitcoin exchanges in the country, starting with trading platforms in key cities.
All Bitcoin exchanges in Beijing and Shanghai have been ordered to submit plans for winding down their operations by 20 September.
The move follows the Chinese central bank's decision to ban initial coin offeringsin early September.
Top exchange BTCC said it would stop trading at the end of the month.
Full story at http://bbc.in/2w8N2Vr
Source: BBC News
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