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Published 2 years ago

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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ReutersReuters

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 years ago·United Kingdom
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NDTVNDTV

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 years ago·New Delhi, India
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CNBCCNBC

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 years ago·United States
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Channel News AsiaChannel News Asia

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 years ago·Singapore
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RTÉRTÉ

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 years ago·Ireland
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Financial PostFinancial Post

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 years ago·Canada
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