(C) Reuters. A representation of Bitcoin cryptocurrency is seen amid China’s flags in this illustration picture taken September 27, 2021. REUTERS/Florence Lo/Illustration
BEIJING (Reuters) – Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations.
China’s regulators intensified a crackdown on Friday, banning cryptocurrency transactions and mining, clarifying that overseas exchanges are barred from providing services to mainland investors via the internet.
Huobi Global said in a statement it will conduct an orderly exit of its existing mainland clients on the premise that safety of their assets is guaranteed.
Cryptocurrency exchange Huobi to clean up existing mainland clients by end-2021
By Reuters – Sep 27, 2021
By Yousef Saba DUBAI (Reuters) – Citi launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the aim of employing 1,000…
By Investing.com – Sep 27, 2021
By Geoffrey Smith
Investing.com — The dollar opened flat against the euro on Monday after a narrow win for the center-left in Germany’s parliamentary elections.
By Investing.com – Sep 27, 2021
By Gina Lee
Investing.com – The dollar was down on Monday morning in Asia, while the yen, a fellow safe-haven asset, sank to its lowest level in nearly three months.
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