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February 16, 2017 09:12 am PST

More anti-money laundering measures hit China as top three Bitcoin exchanges freeze withdrawals

Bitcoin's spiking prices have been driven almost entirely by Chinese money-launderers trying to beat the country's currency controls -- controls that have tightened so much that it's tanking the world's real-estate markets as offshore buyers abandon their deposits and disappear. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/Vqe0IcqanqE/more-anti-money-laundering-mea.html

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