PBoC issues second warning to bitcoin exchanges

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China’s central bank ramps up bitcoin regulation

The People's Bank of China (PBoC) has warned bitcoin exchanges operating in the country they must enforce anti-money laundering (AML) and foreign exchange (forex) regulations if they are to continue operating.

In a statement released on the bank's website today (February 9), the PBoC discloses it has met with nine bitcoin platforms to discuss the risks associated with the digital currency's trading.

The central bank stresses that, should an exchange violate requirements, and if the

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