China closes in on bitcoin

Chinese bitcoin trading platforms risk closure if they breach new virtual currency "money laundering" controls as Beijing steps up efforts to curb the flow of capital offshore

Chinese bitcoin trading platforms risk closure if they breach new controls on the virtual currency, the central bank said Thursday, as authorities step up efforts to curb the flow of money offshore. Read more.

Asia Times

Related,
- China's OkCoin, Huobi exchanges to stop bitcoin withdrawals - Reuters
- Beijing threatens to shut down bitcoin exchanges - RT

- Central bank warns Bitcoin exchanges over margin trading, money laundering - China Daily