Major Chinese bitcoin exchanges , including visa , visa and OkCoin have started to allow withdrawals of bitcoin , ending a four - month freeze . The move facilitated the People 's Bank of China 's entry into the digital currency market , which prompted some exchanges to update or update know your customer and anti - money laundering protocols , with more government regulation expected . The decision to withdraw bitcoin came as the currency reached an all - time high of $ 2,400 , a rise of 150 percent since January .
Major Chinese bitcoin exchanges, including BTCChina, Huobi and OkCoin have started to allow withdrawals of bitcoin, ending a four-month freeze. The move followed the People's Bank of China's investigation into the digital currency market, which prompted some exchanges to introduce or update know your customer and anti-money laundering protocols, with more government regulation expected. The ability to withdraw bitcoin came as the currency hit an all-time high of $2,400, a rise of 150% since January.