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December 18, 2013 07:10 pm GMT
China's biggest Bitcoin exchange, BTCChina, has stopped accepting deposits in Chinese yuan. The shutdown has sent the currency into a downward spin, stripping it of half its value overnight. It is trading at $572 on Mt.Gox, down from a high of about $1,200 last week.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WfpreBlMBQc/
Bitcoin Drops 50% Overnight As Chinas Biggest BTC Exchange Stops Deposits In Chinese Yuan
China's biggest Bitcoin exchange, BTCChina, has stopped accepting deposits in Chinese yuan. The shutdown has sent the currency into a downward spin, stripping it of half its value overnight. It is trading at $572 on Mt.Gox, down from a high of about $1,200 last week. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WfpreBlMBQc/
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