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The first of China’s top bitcoin exchanges has announced it will suspend trading

BTC China, one of China's top three exchanges, has officially announced that it will stop trading for China-based customers from September 30. 

While there is lots of speculation, TechCrunch has confirmed with two sources with knowledge of developments that government officials have visited a number of top exchanges to instruct that they cease trading services on Chinese soil soon. At this point we understand that the government hasn’t given a hard deadline for when that should be, nor has it indicated whether it will allow services to resume in the future.

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cyrpto, capital markets