Home › Chinese Banks Warned About Bitcoins
 

Keywords :   


Chinese Banks Warned About Bitcoins

2013-12-07 01:52:08| TechNewsWorld

China's central bank said Thursday that the nation's banks and payment systems were prohibited from handling Bitcoins. Bitcoins are "virtual goods" and have no legal weight, the banking body said. Individuals can still toy with them at their own risk, but financial institutions and payment systems can't touch -- no selling, no trading and no storing of Bitcoins.

Tags: chinese banks warned chinese banks

Category:Information Technology

Latest from this category

All news
»
05.10Weekly Recap: BASF, Beckers, Allnex, Sherwin-Williams Top This Weeks Stories
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 24
05.10Hurricane Kirk Wind Speed Probabilities Number 24
05.10Hurricane Kirk Forecast Advisory Number 24
05.10Hurricane Kirk Public Advisory Number 24
05.10Summary for Hurricane Kirk (AT2/AL122024)
05.10Hurricane Leslie Graphics
More »