China’s cryptocurrency veterans flee their home market amid Beijing’s increased intolerance of bitcoin

Source: Tech – South China Morning PostNearly two dozen cryptocurrency companies, almost all backed by Chinese industry veterans, have exited the mainland since Beijing unleashed a second sweeping crackdown on unsanctioned digital currencies this year.Binance and Huobi, the world’s leading cryptocurrency trading platform in terms of volume, are among the companies that have left the country. Miners like SparkPool, one of the world’s largest Ethereum mining pools, and intermediary information and data providers have also fled.The…Read More

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