Switzerland close another IPO trader as power struggle between central banks & Bitcoin traders continue

In the latest move to clamp-down on the risks involved with the trading and issuing of virtual currencies, Chinese authorities' a long with Switzerland's fiscal watchdog have ordering Beijing-based cryptocurrency exchanges to stop trading and immediately notify clients of their cessation.

Virtual currencies such as Bitcoin are issued and manipulated by their developers and not backed by a central bank, are hailed by their supporters as a fast and efficient way of managing money, with central banks banning it to protect their oligopoly in the financial sector. 

+357 25 02 50 34
+65 315 91 676
+7 812 458 46 22