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Published 3 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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