Could be fake news. But the date is 16.12.2013.

https://bt.irlbtc.com/view/372998.new#new

Some say FUD but it seems that it got the attention of BTCChina traders.

It breaks 4700 yuan


crazy chinese needs money for hookers?

Chinese government is about to announce that they prohibit banks from doing services with exchanges. I bet the officials are dumping coins.

I think it's because they didn't retrace as much as Gox/stamp during the up-move, so since PA were closer to the support level it was easier to start from there. but still, I agree, it's strange. Mostly since Gox has a "spread away" bid wall. Anyway, we getting closer to $841 there, then it should  catch-up with China.

Back this up please?

If no bank and payment institutions can provide services to BTCChina and other exchanges, how could people freely trade BTC as virtual commodity on the exchanges? That does not make sense to me. Nonetheless, sometimes the Chinese government does do something making no sense.

Anyway, no confirmation up till now and the original post has been deleted and it seems it is a false news (or a leaked news, who knows).

They probably dont know how to regulate btc so they want to stop the capital leaking.

It was just FUD attempt to cause same kind of panic that made a crash on December 7th.