Huobi China Exit Plan: Here’s When the Crypto Exchange Would Shut its Door – Coingape


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Huobi China Exit Plan: Here’s When the Crypto Exchange Would Shut its Door – Coingape Huobi, one of the largest crypto exchanges serving Chinese customers has decided to shut its door on mainland China customers after the recent crackdown guidelines from the People’s Bank of China. The latest crypto ban guidelines prohibit foreign crypto exchanges from offering any services in the country and also threatened local firms from offering any help to these foreign crypto platforms. advertisement Huobi announced it would shut all spot trading services by December 15 while all deposit functions will be disabled by December 14. The...