March 8th, 4:00 pm Beijing time, Okcoin,Huobi and BTCC have just issued an announcement simultaneously saying that Bitcoin withdrawal is still not available as the updates of the system to meet the demands of related laws are still underway, one month after the big three exchanges that they would suspend bitcoin withdrawal.

The announcement of Okcoin:

Dear OKCoin Users: According to the regulatory requirements that “Bitcoin exchanges shall not violate anti-money law, law on foreign exchanges management and law payment and settlement”, OKCoin is now actively developing and upgrading the system based on relevant details. Okcoin is also discussing industry standards with industry peers to formulate self-discipline regulation within the industry. Once the regulatory authorities approves and recognize the measure we have adopted, users can withdraw Bticoin then. Please follow the Okcoin’s official announcement for the schedule. We have been trying to build a Bitcoin industry that is healthy and law-based. Thank you for your understanding and support.

Huobi and BTCC have issued identical announcement .

One month ago, the big 3 exchanges announced that withdrawal service of Bitcoin and Litecoin would be suspended for 1 month or shorter as exchanges would upgrade their anti-money laundry system in the following month coupled with joint efforts of other exchanges in China to set industry standards and to meet requirements of laws on anti money laundry, foreign exchanges and payment and clearance.