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Bitcoin exchanges Binance and Huobi stop taking mainland Chinese users as Beijing steps up crackdown on…
Aggregated Source: ChinaLegalBlog.com

Two of the world’s largest bitcoin exchanges have halted new registrations for Chinese users, taking one of the first actions to comply with Beijing’s latest crypto ban . Exchange operators Huobi and Binance have stopped letting traders use mainland China mobile numbers to register new accounts, after the People’s Bank of China said on Friday all crypto-related transactions will be considered illicit financial activity.…

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