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Chinese Crypto Exchanges Suspended Contract Trading, Traders Flock to OTC Desks

China’s recent crackdown on crypto miners and traders has forced local crypto firms to withdraw their operations partially. In the latest development, Chinese journalist Wu Blockchain reports that owning to the regulatory changes, BitMart has decided to suspend contract trading services for all its users. All the previous transactions can be closed, however, no new

China’s recent crackdown on crypto miners and traders has forced local crypto firms to withdraw their operations partially. In the latest development, Chinese journalist Wu Blockchain reports that owning to the regulatory changes, BitMart has decided to suspend contract trading services for all its users. All the previous transactions can be closed, however, no new

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Bitcoin News
Antminer-S19-Pro
Bitcoin News

China Crackdown: Chinese Crypto Miners Halt Business In Home Country and Plan to Move Overseas

China’s recent decision to ban crypto mining and trading operations within the country has had a widespread impact on the crypto markets. The crypto market extended its losses on Sunday, May 23, with its valuations hitting a 3-month low. Just as Beijing steps up its regulatory efforts in the crypto space, local Bitcoin miners of

China’s recent decision to ban crypto mining and trading operations within the country has had a widespread impact on the crypto markets. The crypto market extended its losses on Sunday, May 23, with its valuations hitting a 3-month low. Just as Beijing steps up its regulatory efforts in the crypto space, local Bitcoin miners of