China’s cryptocurrency-related institutions and projects have announced closures and restrictions

On September 24, the Ethereum mining pool Xinghuo Pool announced that in order to comply with China’s latest industry regulatory policies, Xinghuo Pool has decided not to provide mining pool services to users in mainland China. The specific shutdown plan for services in Mainland China will be announced in the near future. They said, they will actively cooperate with the supervision measures of relevant departments. Graphics card mining machine management software NBMINER announced that it will no longer provide technical support services to users in mainland China and disband the QQ group.

Starting at 23:30 on September 24, Huobi stopped new user registration in Mainland China. The country/region selection for Huobi APP registration has been deleted from Mainland China, and Taiwan and Hong Kong are still retained.

On September 24, BiONE announced that it will be permanently shut down for maintenance at 24:00 (UTC+8) on September 29, 2021. Please be sure to transfer your currency to other exchanges or wallets before September 29, 2021. , The platform is not responsible for the inability to withdraw the currency due to the overdue currency.

September 25, TokenPocket said it would terminate the Chinese inland some functions related to user services, termination of related transactions that may involve third-party DApp and do not meet the “notice” and other normative documents or the laws and regulations of And other services, retaining the basic service functions of the wallet.

On September 25, BHEX announced that in response to regulatory requirements around the world and in compliance with the operational requirements of local cryptocurrency laws and regulations, BHEX Global Station will permanently close its platform services from now on. The platform will be closed on October 23, 2021. After the platform is closed, everyone can no longer log in to the platform’s website and App.

On September 26, the Loopring Agreement: In response to the relevant provisions of the “Notice on Further Preventing and Disposing of the Risks of Virtual Currency Trading Hype” issued by the People’s Bank of China and other ten departments, Loopring Technology Limited (Loopring Technology) decided to stop serving China Users provide all products and services related to virtual currency transactions. Specifically, it no longer supports Chinese users to place orders for transactions; it no longer supports Chinese users to use third-party applications related to transactions through Loopring Wallet. Relying on Loopring’s zkRollup expansion technology, users can still withdraw cash at any time. We will issue a new announcement as soon as the above measures are implemented.

On September 26, Binance suspended the registration of new users in mainland China. In the actual test, the registration area no longer has the option of China.

On September 26, ZKSWAP: In order to actively respond to the relevant provisions of the “Notice on Further Preventing and Disposing of the Risks of Virtual Currency Trading Hype” issued by the People’s Bank of China and other ten departments, ZKSwap decided to stop providing Chinese IP users with all virtual currency transactions and transactions. Its related products and services. Specifically, it no longer supports Chinese IP users to access websites and apps, and no longer supports Chinese IP users to use Swap and other products and services. Relying on ZKSwap’s L2 expansion technology, users can withdraw cash at any time. ZKSwap will continue to explore the application of Ethereum’s L2 technology in various fields on the basis of complying with global-local laws. ZKSwap thanks everyone for your long-term care and support.

Resource: Wu Blockchain
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