Hmmm. All I keep thinking is "what's the catch?"
This seems way too altruistic to be true......

The catch is that a bill is not a law , just something to discuss ....

how is btc38 going to sell the bitCNY at the peg? with BitUSD you can't sell at the peg at any time reliably. Only when shorts expire, and market bids for bitUSD are placed at the peg.

BTC38 sell BitCNY to www.tradebts.com directly in exchange for 1:1 fiat at anytime.
So your question would be about www.tradebts.com .

www.tradebts.com absorb the peg risk by themselves .

Can someone translate this page?
http://www.btc38.com/general/5291.html

It would be a great link to send out to other exchanges (with translation in the email) to ask them to do the same thing.

It's weekend , maybe wait until next week .
Also , I doubt other exchange can copy the same thing , because it requires a 1:1 FIAT-BTA service like www.tradebts.com , BTC38 is working with such a service , BTC38 gets BitCNY then forward to www.tradebts.com , after which www.tradebts.com would send fiat money to BTC38 .

Before 2 minutes !     

network problem , major exchanges stopped withdraw operations until further notice .

BM:我们已经跟加州政府的几个高层成员见过面。
我们有共识也有分歧。
在这里的时候，我还继续给BTS写代码呢。

right,

Well here is where I am at. BTER only accept egopay for deposit.
Now, I opened an egopay account, I try to figure out how to deposit money but I can't find a way to put money directly from my credit card unto it. I have to give them 2 pieces of id's, or use sketchy looking russia exchangers website to buy egopayUSD to then transfer to EGOpay to then buy Bter to then buy BTS.

I can't believe how someone who simply want to get in can go through all those hoops.

Or maybe I am doing it wrong?

Egopay is not friendly for USA user due to the US financial regulations .
It's better to buy BTC or LTC on your regular exchange and deposit it into Bter and access the BTC-BTS trading pair .

I already send 1 BTS to your public address BTSX6rzAjnrViVDLsVvkSQiN6Z3Dxvt8ah6pRT7JMpzFnLeZLdqmCM .
Now you have the fee to register a name .

rumor has it that Poloniex often fake their withdraws (funds never got out) .
In order to test my theory , I used my personal account to sent you 1 BTS . If you can see that , it means BTS has no problem.

Another matter , what's your version of the wallet ? The current version is 0.4.24 , you must upgrade to this version in order to properly use it . (The newest version released 12 days ago , so if your wallet is early than that , then it's not usable anymore .

the download link is https://github.com/BitShares/bitshares/releases