Chinese Bitcoin Exchanges Suspend Some Money Transfer Services

BTC China and OKCoin, two of China’s largest Bitcoin exchanges, suspended some money transfer services, after it was reported that the central bank tightened controls on the digital currency.

BTC China said that services with Yijingdong had been suspended “because of reasons to do with” the payment provider, according to a statement on its official microblog yesterday. OKCoin said third-party payment companies have also suspended services to its clients.