{"id":9185,"date":"2013-12-02T16:28:36","date_gmt":"2013-12-03T00:28:36","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=9185"},"modified":"2013-12-02T16:28:36","modified_gmt":"2013-12-03T00:28:36","slug":"chinas-largest-bitcoin-exchange-seeks-recognition-for-currency","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2013\/12\/chinas-largest-bitcoin-exchange-seeks-recognition-for-currency","title":{"rendered":"China\u2019s Largest Bitcoin Exchange Seeks Recognition for Currency"},"content":{"rendered":"<p>BTC <a href=\"http:\/\/topics.bloomberg.com\/china\/\">China<\/a>, the nation\u2019s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country.<\/p>\n<p>The company has sought to discuss Bitcoin regulations with officials from agencies including the People\u2019s Bank of China, the China Banking Regulatory Commission and the China Securities Regulatory Commission, BTC China Chief Executive Officer Bobby Lee said in a Nov. 29 interview in <a href=\"http:\/\/topics.bloomberg.com\/shanghai\/\">Shanghai<\/a>. It\u2019s not yet been able to arrange any high-level meetings, he said.<\/p>\n<p>\u201cThey\u2019ll ask us \u2018how should you be regulated,\u2019 and I\u2019ll say \u2018Hey, here\u2019s what we\u2019ve done proactively and here\u2019s how we think you should regulate us,\u2019\u201d Lee said of the Shanghai-based company\u2019s talks with regulators. Bitcoin is \u201cnot on the black list and it\u2019s not on the white list. It\u2019s in the gray area.\u201d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-12-02\/china-s-largest-bitcoin-exchange-seeks-recognition-for-currency.html\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BTC China, the nation\u2019s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country. The company has sought to discuss Bitcoin regulations with officials from agencies including the People\u2019s Bank of China, the China Banking [\u2026]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,43,39,45,5,37,31],"tags":[],"class_list":["post-9185","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-business","category-economics","category-finance","category-geopolitics","category-human-trajectories","category-policy"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=9185"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9185\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=9185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=9185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=9185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}