Chinese UnionPay Warns Bitcoin OTC Traders

Chinese UnionPay Warns Bitcoin OTC Traders

A letter has been issued by UnionPay, a leading financial services corporation based in China to the Bitcoin OTC traders in the country. The letter issued with a subject: “letter on the prohibition of providing payment services for illegal transactions” have urged Wechat and Alipay not provide any services related to illegal transactions in any form.

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