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Originally Posted by Hack&Lube
How can they control this in private exchanges?
It's only BTC China that has voluntarily started asking for ID when logging in and users have reported that it accepts any random combination entered.
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They don't need to control private exchanges to sway the market.
I don't pretend to know the future, but big business in China tends to follow the government. Baidu and China Telecom have both stopped offering any sales of goods or services using bitcoins.