Sam Feaster

In regards to life Sam Feaster feels as though everything happens for a reason. Every wrong turn leads to two right turns. In his life he have begun to realize that helping people is one of those right turns he has taken in his life. Sam finds no greater joys than the feeling of accomplishment. Knowing that he is apart of someone’s longevity, wellness, and health on a holistic level. To be able to be there for as many people as he can, that is his dream and that is his way of life.

Thursday, September 14, 2017

Brief: Bitcoin exchange closes ahead of China clampdown

Illustration by Tech in Asia’s Andre Gunawan.

The news (from CNBC):

One of China’s top bitcoin exchanges announced this evening that it is shutting down. “After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina Exchange will stop all trading on 09/30,” it said in a tweet.
BTCC’s shutdown comes after authorities earlier this month banned fundraising via ICOs in the country.
Bitcoin is dropping sharply on this news. At time of publishing, one bitcoin is worth US$3,560.

Why it matters:

It comes ahead of a rumored crackdown by Chinese authorities on all forms of cryptocurrencies.
An unverified report at the weekend said that all cryptocurrency exchanges that exchange digital currencies for Chinese yuan will be shuttered.
Individual ownership of bitcoin will likely not be outlawed, but it’ll be hard for Chinese consumers to buy any form of cryptocurrency.

This post Brief: Bitcoin exchange closes ahead of China clampdown appeared first on Tech in Asia.

from Tech in Asia https://www.techinasia.com/bitcoin-exchange-closes-china-clampdown
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