QUOINE was well counselled before the recent regulatory
crackdown on crypto exchanges in Asia and elsewhere.
However, there is no denying the fact that the government bodies have intensified
their crackdown on crypto exchanges.
In fact, it had implemented a total
crackdown on all crypto exchanges operating in the country.
Not exact matches
Crypto crackdown China, home to the world's biggest community of Bitcoin miners, is cracking down
on cryptocurrency activity, haling trade of virtual currencies
on domestic
exchanges and banning initial currency offerings.
The
crypto segment has been shaken by this week's crash, as the Chinese
crackdown on ICOs and
crypto -
exchanges spread uncertainty in the sector.
China is the only Ethereum news that matters today, as
crypto markets continue to reel from a Chinese
crackdown on local
exchanges.
The most widely - used social media platform in China, WeChat, had also seen its
crypto exchange accounts closed due to the
crackdown of the government
on all - things -
crypto.
After facing
crackdowns in China and being issued a warning by regulators in Japan, cryptocurrency
exchange Binance is now seeking a home
on the
crypto - friendly island...
The Chinese government is continuing to intensify its
crackdown on the cryptocurrency market, Bloomberg reported, and is planning
on extending its ban
on crypto exchanges to pursue alternative «online platforms and mobile apps that offer
exchange - like services.»
Since the recent
crackdown on the
crypto - sphere, major Chinese
exchanges such as OKEx and Huobi Pro have redirected their business development into over-the-counter (OTC) trading, which typically uses private dealers rather than centralized
exchanges, as well as overseas
crypto - to -
crypto venues.