More Crypto Platforms Are Exiting China as the Ban Ensues By CoinQuora
[ad_1]

- As the ban ensues, three more crypto platforms exit China.
- Biki, Feixiaohao (BitMart), and Feixiaohao are three of these exchanges.
When China declared that crypto is illegal — that it is “not protected by law”, the world was surprised. Eventually, the crypto platforms pulled out of China and moved their operations to countries other than China.
According to some reports, many platforms in China have stopped operating and are looking to cease operations as quickly as possible. Biki, Feixiaohao (BitMart), and Feixiaohao are some of the platforms. Even Alibaba (NYSE:) International announced a ban “on the sale of all cryptocurrency mining machines” as seen in its Twitter (NYSE:) account:
Under Chinese regulatory pressure, Alibaba International Station announced a ban on the sale of all cryptocurrency mining machines. pic.twitter.com/rW1iySx4LX
— Wu Blockchain (@WuBlo…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]