KuCoin nu va mai servi clienții chinezi până la sfârșitul anului

Pressure from last month’s intensified crackdown by the People’s Bank of China is being felt by exchanges serving Chinese users

KuCoin s-a alăturat listei de entități cripto care opresc serviciile către clienții din China continentală. Potrivit companiei, the decizie was reached to comply with the People’s Bank of China (PBoC) order, which declared crypto trading illegal. The central bank led nine other governmental bodies to enact the order late last month. The ban was based on the risks of crime and fraud associated with the use of crypto.

The 2013-founded KuCoin informed Chinese users on the platform on 3 October that they had until the end of the year to close all active positions and withdraw their funds from the exchange’s wallet. The exchange said it would give subsequent reminders to the affected customers via e-mail until the 31 December deadline. KuCoin also explained that following the governmental order, it conducted an internal review to reach a verdict that leaving the country was the best option for the exchange

The PBoC has been hot on the heels of crypto companies in China this year. With the development of the Digital Yuan (China’s CBDC) in progress, the government has further tightened the rules on other cryptocurrencies. Not just trading has fallen victim, as the Chinese government has also cracked down on mining, with the state citing environmental concerns.

KuCoin’s announcement follows Huobi’s, which came about a week ago. Huobi exchange informat publicului că nu ar mai lua noi utilizatori din China. Bursa a adăugat că va închide progresiv toate conturile active până la 31 decembrie. Huobi a mutat de atunci 100,000 bitcoins din fondul său minier pentru a genera aproximativ 4 miliarde de dolari în fonduri care vor relatărilor să fie utilizat pentru a compensa retragerile clienților.

“Huobi Global will gradually retire existing Mainland China user accounts by 24:00 (UTC+8) on December 31, 2021, to ensure the safety of users’ assets. We will inform users of the specific arrangements and details through official announcements, e-mails, inbox messages, etc.”

Huobi a început deja să-și relocalizeze o parte din afacerea sa, deoarece a încercat să reducă operațiunile din China. Se așteaptă acum că schimbul își va îndrepta atenția către locații prietenoase cu criptomonede, cum ar fi Singapore. Pe lângă Huobi, Binance a anunțat, de asemenea, că a încetat să accepte înregistrări de la numerele mobile chinezești și că aplicația Binance nu mai este disponibilă în acea regiune.

“Binance takes its compliance obligations very seriously and is committed to following local regulatory requirements wherever we operate,” un purtător de cuvânt al Binance a spus CNBC.

Sursa: https://coinjournal.net/news/kucoin-to-stop-serving-chinese-users-by-the-end-of-the-year/