Houbi and OKCoin Are Finally Resuming Withdrawals

in money •  8 years ago 

Signs are emerging that a long-lasting withdrawal freeze in China’s bitcoin exchange ecosystem is finally thawing.

A representative for has OKCoin confirmed a report today that withdrawals had resumed at the exchange, one of the largest in the world by volume. The spokesperson added, however, that withdrawals would be contingent on passing a verification requirement and prescribing to a $1m annual limit.

Read more here: http://www.coindesk.com/okcoin-huobi-move-end-chinas-bitcoin-withdrawal-freeze/

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curious to see how this is going to impact the btc price