No Hope For Crypto In China As Giant Cryptocurrency Players Exit Region ⋆ ZyCrypto


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China’s largest crypto exchange Huobi reveals there’s no hope as it called quits long before the ban It appears that business had become unbearable to continue for China’s leading cryptocurrency exchange as it has been revealed that they had already made a decision to quit the country even before the latest leg of intensified crypto-industry crackdowns were announced late last month. According to Bloomberg, the founders and backers of the exchange at a shareholders meeting voted unanimously that Huobi should leave its home country. Following the announcement on the same day by China’s Central Bank that all crypto transactions and...