The report, highlighted by Coindesk.com editor Emily Spaven, is unconfirmed.
But an unnamed source told her, “PBOC, in no uncertain terms, directed third-party payment companies not to do business with bitcoin exchanges in China.”
Evidently those companies were not included in a Dec. 5th PBOC ruling barring financial institutions from processing Bitcoin.
Prices are down 14% on the Mt. Gox exchange to $770.