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Cryptocurrency exchanges rush to cut ties with Chinese users after fresh crackdown

Summary by Ground News
Binance and Huobi are no longer allowing new registration for traders with mainland China-based mobile phone numbers. On September 24th, China banned all business activities related to the crypto industry. Binance did not comment on halting registration for Chinese users, but a spokesperson says that the firm does not have an exchange operation in China.

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News AKMI broke the news in on Sunday, September 26, 2021.
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