KuCoin bo prenehal služiti kitajskim uporabnikom do konca leta

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

KuCoin se je pridružil seznamu kripto subjektov, ki ukinjajo storitve strankam v celinski Kitajski. Po navedbah družbe je Odločitev 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 obvestila javnosti, da ne bo več sprejemal novih uporabnikov iz Kitajske. Borza je dodala, da bo postopoma zaprla vse aktivne račune do 31. decembra. Huobi je od takrat premaknil 100,000 Bitcoins iz svojega rudarskega bazena ustvariti približno 4 milijarde dolarjev sredstev, ki bodo domnevno se uporablja za obračun dvigov strank.

“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 je že začel seliti del svojega poslovanja, saj je želel zmanjšati poslovanje na Kitajskem. Pričakuje se, da bo borza svojo pozornost zdaj preusmerila na kripto prijazne lokacije, kot je Singapur. Poleg Huobi, Binance je tudi objavil, da je prenehal sprejemati registracije s kitajskih mobilnih številk in da aplikacija Binance ni več na voljo v tej regiji.

“Binance takes its compliance obligations very seriously and is committed to following local regulatory requirements wherever we operate,” tiskovni predstavnik Binance Rekel CNBC.

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