BTCC, one of the largest exchanges of crypto-coins based in China, announced that it has closed all domestic trading activities.
In a statement via the website, BTCC states that all local operations of yuan and crypto coins were officially suspended from yesterday, September 30, Beijing time. The exchange stopped accepting deposits on September 27, with Chinese-based users being advised to withdraw their funds from the brokerage house before the end of October.
In a tweet, BTCC claims to have had the longest known lifetime for an exchange of crypto coins, having operated for a "world record" of 2,305 days.