Binance to ban the use of Chinese yuan on its P2P platform in December
The Binance cryptocurrency exchange stated on October 13 that the Chinese yuan will be delisted from its P2P trading platform on December 31. In addition to ending yuan trading pairs, Binance will continue to limit mainland Chinese users’ access to its platform, adopting further restrictions for accounts discovered to be related to the area. Binance […]
Huobi stops new users from trading derivatives
Colin Wu, a Chinese journalist surmised that Huobi’s move would possibly drive users to Binance in a quest for leveraged trades. One of the largest cryptocurrency exchanges in the world, Huobi has restricted derivatives for new and existing users over concerns that rose from China’s regulatory crackdowns. According the the tweet made by Chinese journalist […]