News Snapshot:
Crypto Exchange KuCoin Confirms December Deadline for Removal of Chinese Traders The Chinese government is making progress in its mission to eradicate cryptocurrencies from its economy. The move by the government has prompted companies to distance themselves from cryptocurrency-backed transactions in mainland China to avoid any rift with Beijing. One of such companies, KuCoin, whose popularity originated in China, has told its mainland Chinese users to leave its platform. Tougher Checks to Comply With Chinese Laws KuCoin announced that its Chinese users have until December 31 to move their funds to other platforms. The crypto exchange explained that it is...
