The expression of Bitcoin cryptocurrency can be seen in the Chinese flag in this illustrated photo taken on September 27, 2021. REUTERS / FlorenceLo / Illustration
September 27, 2021
Beijing (Reuters) -China’s cryptocurrency exchange Huobi Global announced on Sunday that it will stop acquiring new customers on the mainland from Friday and will terminate contracts with customers on the mainland by the end of the year to comply with local regulations. ..
Chinese regulators tightened crackdowns on Friday, banning cryptocurrency trading and mining, revealing that foreign exchanges are banned from serving mainland investors over the Internet bottom.
Huobi Global said in a statement that it would carry out an orderly withdrawal of existing mainland customers on the premise that the assets are safe.
(Report by Cheng Leng, Samuel Shen, Ryan Woo, edited by William Mallard)
Cryptocurrency exchange Huobi will clean up existing mainland clients by the end of 2021
Source link Cryptocurrency exchange Huobi will clean up existing mainland clients by the end of 2021