Huobi bans new user registration from China following the crypto ban

One of China's biggest crypto exchanges, Huobi decided to adhere to the ongoing crypto ban by pulling the plug on new user registrations from Mainland China. This move was directly linked to the big crypto takedown that the Chinese government had formulated. China stunned the world with its big crypto takedown. The Chinese government ousted an array of crypto platforms from the region. Just as the country prepares to roll out its very own virtual currency, the digital yuan, it was seen bidding adieu to the platforms associated with crypto. The government decided to shut several prominent crypto mining platforms…