• Safi Bello

Chinese Authorities and Bitcoin Exchanges Form a Regulatory Alliance

Bitcoin.com ----- The former vice-governor of the People’s Bank of China (PBOC) XL Wu and other Chinese financial authorities have recently met with representatives from several large Chinese bitcoin exchanges to discuss compliance. The meeting at the Museum of Internet Finance saw representatives establish ways bitcoin exchanges can comply with Chinese regulations and form a regulatory partnership.

Ten points were discussed on how bitcoin exchanges could meet the demands of regulators. According to the report, XL Wu added the tenth point, which may protect the privacy of bitcoin exchange users. For more in depth information on Chinese authorities and bitcoin exchanges form a regulatory alliance click on the picture below to read the article.

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