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Shanghai Man: Looking deeper into China’s biggest ban yet By Cointelegraph


Shanghai Man: Looking deeper into China’s biggest ban yet

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Well, it finally happened. The regulation-driven crypto-apocalypse in China. They started by clamping down on miners earlier this summer before finally tightening the screws on exchanges. This week, the final nail in the coffin came with even more rules from the PBoC that resulted in many platforms announcing they could no longer accept Chinese users.

Banned yet again

Chinese users on Huobi must make a decision before accounts close on December 31.

Trouble for overseas players

So what is left for Chinese traders?

No answer for decentralization

China and Hong Kong lead the way for DYDX website visitors. Source: Similarweb (NYSE:)

Toeing the party line

Continue Reading on Coin Telegraph

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