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|northern1: Also SPAD, lets see what happens when btc gets to price parity with gold again.
Last time it happened was November 2013 and the powers that be smashed btc price down.
Gold price today is $1236. I guess we don't have long to wait before btc makes an attempt at $1236.
|lokesh8: 严湘531; "央行5268;定第;三方5903;付机;构不4471;为比;特币0132;易网;站提0379;托管;、交6131;等业;务。"26152;天ߍ9;午，22830;行ࡤ4;集第19977;方ਞ3;付公21496;开ߩ0;透露20986;上8;消息12290;
Yan Xiang Reporting
The Central Bank stipulated that third party payment organizations must not provide trusts, exchange, or other services in regards to Bitcoins. Yesterday afternoon, the Central Bank convened a meeting for third party payment companies to reveal the aforementioned information.
A reporter for China Business News (First Financial News?) exclusively learned that following the Dec. 5th announcement "Regarding Prevention of Criminal Bitcoin Risks Announcement", the Central Bank yesterday once again launched an attack, discussing responsible persons of approximately more than 10 third party payment companies, clearly requiring them not to provide payment or clearing services for BTC, LTC, etc.
Within less than half a month, the Central Bank has announced two ways to prevent risks associated with BTC, and the spirit conveyed in this meeting was interpreted by many parties involved in BTC as the Bank taking drastic measures.
Third party "Three lines"
An attendee of the meeting from a large-scale third party payment company confirmed to this reporter that yesterday morning, more than 10 third party payment companies had received the summons from the Central Bank, and convened a closed-door meeting in Beijing. These persons revealed in interviews with this reporter that in the meeting the deputy director of the Central Bank's settlements (clearing) department, Zhou Jin Huang, presided over the meeting and that each company had one or two representatives in each of their delegations in attendance.
At the start of the meeting, deputy director Zhou clearly pointed out that the purpose in convening the various companies was definitely not related to whether or not business related to Bitcoins could develop, but was to convey the Central Bank's attitude, namely that first, third party payment companies must not provide payment or clearing services to BTC or LTC exchange websites; second, that all current business and cooperation with payment organizations must cease, with all holdings withdrawn before the beginning of the Spring Festival at the latest, with no new business to be initiated; and third, to stress strict implementation and enforcement of the Central Bank's Dec. 5th announcement. Third party payment company delegations in attendance so informed this reporter.
In another related development, this reporter obtained access to the meeting minutes from an attendee. In the meeting, in addition to prohibiting third party payment organizations from engaging in activities related to Bitcoins within Chinese borders, the Central Bank will begin looking into regulations for governing foreign organizations engaged in Bitcoin-related activities within China.