News Snapshot:
Huobi Global, the top cryptocurrency exchange for Chinese users became the first crypto platform to announce the termination of services in the country. The announcement comes in the wake of China’s latest call for a crypto crackdown. The popular crypto exchange has closed new registrations using mainland China mobile numbers. However, new registrations are still available for Hing Kong users. advertisement Earlier in June this year, Huobi has banned Chinese users from the riskier crypto derivatives market during the last crackdown cycle in May-June. People’s Bank of China released a detailed guide on the crypto crackdown and deemed all crypto...
