Cryptocurrency exchange operators Huobi, OKCoin to close Beijing subsidiaries amid China’s crackdown

//Cryptocurrency exchange operators Huobi, OKCoin to close Beijing subsidiaries amid China’s crackdown

Cryptocurrency exchange operators Huobi, OKCoin to close Beijing subsidiaries amid China’s crackdown

The operators of cryptocurrency exchanges Huobi and OKCoin are closing their respective subsidiaries in Beijing, dealing another blow to investors in bitcoin and other digital tokens in mainland China amid the latest crackdown on this sector.Beijing Huobi Tianxia Network Technology Co applied last Thursday to cancel the company’s registration after its “resolution of dissolution”. Creditors must declare their claims to the liquidation group within 45 days of that announcement, according to…

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By | 2021-07-27T10:00:16+00:00 July 27th, 2021|Business|Comments Off on Cryptocurrency exchange operators Huobi, OKCoin to close Beijing subsidiaries amid China’s crackdown