Cryptocurrency exchange Huobi halts derivatives trading in China as Beijing turns up heat

//Cryptocurrency exchange Huobi halts derivatives trading in China as Beijing turns up heat

Cryptocurrency exchange Huobi halts derivatives trading in China as Beijing turns up heat

Huobi, operator of one of the world’s biggest cryptocurrency exchanges, has added China to its list of prohibited jurisdictions to trade derivatives, as Beijing continues its crackdown on businesses related to bitcoin and other digital tokens.Users in mainland China will be barred from Huobi’s derivatives trading services from this week, but existing clients can still use the exchange for spot trading. The news comes days after Huobi cut the amount of leverage available to users in the country…

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By | 2021-06-29T14:30:20+00:00 June 29th, 2021|Technology|Comments Off on Cryptocurrency exchange Huobi halts derivatives trading in China as Beijing turns up heat