BEIJING, Sept 26 (Reuters) – Chinese language cryptocurrency trade Huobi International stated on Sunday it had stopped taking new mainland clients from Friday and would finish contracts with mainland purchasers by the tip of the yr to adjust to native rules.
China’s regulators intensified a crackdown on Friday, banning cryptocurrency transactions and mining, clarifying that abroad exchanges are barred from offering companies to mainland traders through the web.
Huobi International stated in an announcement it should conduct an orderly exit of its current mainland purchasers on the premise that security of their belongings is assured.
Reporting by Cheng Leng, Samuel Shen and Ryan Woo; Enhancing by William Mallard
Our Requirements: The Thomson Reuters Trust Principles.