In significant news coming out of China, one of the country’s “big three” exchanges, BTCC, has announced it will stop trading of cryptocurrencies this month. Shanghai-based BTCC wrote on social media:

Dear Bitcoin Chinese User: According to the September issue of the central network of the People's Bank of China, Ministry of Industry and Information Technology Bureau of the CBRC Securities Regulatory

BITCHINA just anounced that it will stop all the trading business by 30 Sep,which caused BTC coin a huge trumble by 32%,reaching 17000RMB