china Archives

China just banned all cryptocurrency, except its own

Posted on September 24, 2021 by admin

China’s top regulators escalated the country’s crackdown on cryptocurrency today, introducing a sweeping restriction on all cryptocurrency exchanges and mining. They hit Bitcoin (BTC) and other significant coins and constrained crypto and blockchain-related stocks; however, forgot to include one. The country isn’t stopping the introduction of its own central bank digital currency (CBDC). Ten offices, […]

Huobi cryptocurrency exchange to delay withdrawal requests

Posted on July 2, 2021 by admin

Huobi Global, the world’s second-largest cryptocurrency trading platform in terms of exchanged volume, has presented a 24-hour token withdrawal delay for all over-the-counter (OTC) exchanges. The decision hits hard all Huobi clients, some of whom will, in addition, be kept from pulling out their tokens for up to a day and a half if the […]