mix-it jewelry wholesale Did Bitcoin trading platform BTCC acquired by the Hong Kong Investment Fund?

wholesale cardboard jewelry boxes canada China's first Bitcoin trading platform BTCC has been acquired by the Blockchain Investment Fund, a headquarters in Hong Kong.
In a statement issued this week, BTCC confirmed the news that it was acquired by the Hong Kong Blockchain Investment Fund. Although the specific acquisition details and terms have not yet been announced, the acquisition has made the former Bitcoin giant company regain new life. BTCC was originally called BTC China. As a global Bitcoin trading platform, it is the first digital currency exchange in China and the largest one in the past.
BTCC explained that this acquisition will help the company's focus on the development of development to the international market, because China's restrictions have caused domestic digital currency exchanges to be generally closed.
BTCC co -founder Bobby Lee said:
"This acquisition is an incredible milestone in the development process for BTCC, and it is also an affirmation of all our efforts in the past few years. We are for this time. The new resources brought by the acquisition are very excited, which allows BTCC to develop our business more quickly in 2018 and later. "
bobby Lee is optimistic about the new future of BTCC. Resources will promote the BTCC "every link to lead the digital currency ecosystem, including mining pools, payment and trading business."
In the new business model of BTCC Bitcoin wallet MOBI is operated with the US dollar -based digital currency exchange. BTCC will no longer operate its digital currency exchange DAX launched in June 2017.
BTCC Vice President Denver Zhao said, "We now have more fulfilling resources to realize our vision of protecting and stabilizing the digital currency ecosystem." When the news was released, according to data, the computing power of the BTCC mining pool accounted for 2.8%of the entire Bitcoin Hash rate.
BTCC, like other Bitcoin startups in China, was first reviewed by relevant departments in January 2017 after the central bank officials conducted a field inspection on the field. This led BTCC to suspend users to extract Bitcoin business in mid -February, and it was not until June to reopened. In mid -September, the relevant Chinese departments ordered the closure of the Bitcoin Exchange. The BTCC suspended user transaction before closing on September 30, 2017.