Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is no longer available to residents of China. The exchange announced the news on Weibo, a Twitter-like service in China, and said it would “strictly abide by” the country’s recent crackdown on cryptocurrency trading.
The move comes as China has intensified its efforts to stamp out cryptocurrency trading. In the past week, the country’s central bank has ordered a halt to all virtual currency trading platforms that allow Renminbi-to-cryptocurrency conversions.
NOTE: WARNING: Binance is currently banned in some countries and jurisdictions due to regulatory concerns. Before engaging in any activity related to Binance, it is important to understand the laws and regulations applicable in your jurisdiction. Any individual or business entity that chooses to use Binance should be aware of potential risks associated with trading on the exchange, including potential legal repercussions.
Binance is the latest casualty of this crackdown.
Binance said it would “strictly abide by” the Chinese government’s recent crackdown on cryptocurrency trading. The move comes as China has intensified its efforts to stamp out cryptocurrency trading.
In the past week, the country’s central bank has ordered a halt to all virtual currency trading platforms that allow Renminbi-to-cryptocurrency conversions. Binance is the latest casualty of this crackdown.
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Binance, the world’s largest cryptocurrency exchange by trading volume, is facing a potential ban in Japan. The Japanese Financial Services Agency (FSA) has issued a warning to Binance, telling the company that it is operating in the country without registration. The FSA says that Binance has until the end of the month to register with the agency or face a ban.
Binance, the world’s largest cryptocurrency exchange by trading volume, is getting banned. The reason? Because the Chinese government has ordered all domestic cryptocurrency exchanges to halt trading activities.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is getting banned in China. The reason for the ban is still unknown, but it comes as the country’s central bank is cracking down on the cryptocurrency industry. The news of the ban was first reported by Bloomberg, who cited sources close to the matter.
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Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is getting shut down. The popular exchange announced today that it will be “winding down” its operations in Japan. This is not the first time Binance has had to shutter its doors in a country.
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Binance, one of the world’s largest cryptocurrency exchanges, is shutting down. The Malta-based company announced the decision today, saying that it will “make all the necessary arrangements” to ensure a smooth transition for its users. The move comes as a surprise, as Binance has been one of the most successful cryptocurrency exchanges in recent years.
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