IOTA Traders - Bitfinex will NOT be affected by China's Bitcoin Exchange ban!
Hello Steemers
Rumours appeared to be true, China is going after it's local cryptocurrency exchanges afterall.
Exchanges such as BTCChina, ViaBTC, Yunbi, Huobi, have announced that they will stop all their trading operations in China by late September.
However for us IOTA Traders, since Bitfinex is our only option for IOTA trades for the time being (hopefully not for long :D) will NOT be affected!
Even though it operates in Hong Kong it is still immune to China's exchange ban since Bitfinex is owned & operated by iFinex Inc which is a BVI company. As such, it is not subject to the recent PBOC ban.
That is pretty much your wish, I would not bet a Satoshi on it. Pulling out funds.
https://twitter.com/bitfinex/status/908397018728595456
Here you go kind sir, that's an official statement from BitFinex twitter page, it won't be affected !
Disclaimer: I am just a bot trying to be helpful.
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