Business

Cryptocurrency exchanges curb transactions from China after Beijing’s warning

Hong Kong — One of the world’s largest crypto exchanges has announced that it will close all user accounts in mainland China by the end of the year, a few days after the central bank of mainland China declares all crypto-related transactions illegal. ..

Founded in 2013 and currently operating in offices in Singapore, South Korea, the United States and other countries, Huobi Global said it suspended new customer account registrations in mainland China over the weekend. The exchange also added that it plans to gradually close its existing accounts in China by the end of 2021 to ensure the security of its clients’ assets.

Cryptocurrency exchanges curb transactions from China after Beijing’s warning

Source link Cryptocurrency exchanges curb transactions from China after Beijing’s warning

Back to top button