A statement from OKCoin translated by CnLedger read:
“We (OKCoin) have not received any notice from regulators, and therefore cannot confirm the validity of the report. OKCoin will always comply with local regulations. If the report turns out to be true, we’ll accept it, while keeping users’ funds secure. In the [Caixin] report, BTC & P2P trades were not described as an illegal currency and an illicit method of facilitating transactions. If the report is true, we’ll stop BTC/CNY trades & become a P2P platform for digital assets.”
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