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Dec 01, 2021SUBSCRIBE NOW

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

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.
2 months ago|Beijing, China

BIAS COVERAGE DISTRIBUTION

13 of these news sources are bias rated
7 are CENTER
15%
C 54%
R 31%
NDTV
EURACTIV
Reuters
CNBC
RTÉ
Channel News Asia
+4
Financial Post
Wall Street Journal
The Street
OAN
ALL ARTICLES
Reuters
ReutersC

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

By Samuel Shen and Andrew Galbraith SHANGHAI - Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients, after Beijing last Friday issued a blanket ban on all crypto trading and mining. In a culmination of years of efforts to rein in the sector, 10 powerful Chinese government bodies including the central bank, said

2 months ago|United Kingdom
NDTV
NDTVL

Cryptocurrency Prices Rise Again After Chinese Crackdown Caused Dip

While Bitcoin and Ethereum opened the fresh week with significant growth, Dogecoin and Cardano prices went down marginally.

2 months ago|New Delhi, India
CNBC
CNBCC

Major crypto exchanges stop letting Chinese users sign up after Beijing's renewed crackdown

Huobi, one of the world's largest cryptocurrency exchanges, said it has ceased new account openings for Mainland Chinese users.

2 months ago|United States
RTÉ
RTÉC

Cryptocurrency exchanges scramble to drop Chinese users

Beijing's new blanket ban on all cryptocurrency trading and mining - the broadest yet by a major economy - has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients.

2 months ago|Ireland
Channel News Asia
Channel News AsiaC

Cryptocurrency exchanges scramble to drop Chinese users after Beijing's ban

SHANGHAI: Beijing's new blanket ban on all cryptocurrency trading and mining - the broadest yet by a major economy - has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients. Shares in a range of Chinese crypto-related firms plunged on the ban, wh

2 months ago|Singapore
Financial Post
Financial PostR

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

SHANGHAI -- Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients, after Beijing last Friday issued a blanket ban on all crypto trading and mining. Read More

2 months ago|Canada
OAN
OANR

Cryptocurrency exchange Huobi to clean up existing mainland clients by end

September 27, 2021BEIJING (Reuters) – Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations. China’s regulators intensified a crackdown on Friday, banning cryptocurrency transactions and mining, clarifying that overseas exchanges are barred from providing services to mainland inv…

2 months ago|San Diego, United States
Al Jazeera
Al JazeeraC

With Chinese ban final on crypto, firms scramble to sever ties

Two of the largest crypto exchanges said they have stopped registering new users from mainland China on the back of ban.

2 months ago|Qatar
Business Insider
Business InsiderC

Crypto exchanges Binance and Huobi scramble to cut ties with Chinese users after the government's ban. Here's how the crypto trading world is responding to Beijing's crackdown.

Huobi said it would stop new-user registrations by mainland customers, and retire existing ones by the end of 2021.

2 months ago|United States
Money Control.com
Money Control.com

Cryptocurrency Exchanges Rush To Cut Ties With Chinese Users After Fresh Crackdown

In a culmination of years of efforts to rein in the sector, 10 powerful Chinese government bodies including the central bank, said overseas exchanges were barred from providing services to mainland investors via the internet – a previously grey area – and vowed to jointly root out "illegal" cryptocurrency activities.

2 months ago|
COVERAGE DETAILS

BIAS COVERAGE DISTRIBUTION

13 of these news sources are bias rated
7 are CENTER
15%
C 54%
R 31%
NDTV
EURACTIV
Reuters
CNBC
RTÉ
Channel News Asia
Al Jazeera
Business Insider
Investing.com
Financial Post
Wall Street Journal
The Street
OAN
Total News Sources23Leaning Left2 sourcesLeaning Right4 sourcesCenter7 sourcesLast Updated2 months ago
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