KuCoin to Ban All Chinese Users by the End of 2021

KuCoin to Ban All Chinese Users by the End of 2021

Cryptocurrency exchange KuCoin has announced on Sunday that all of its users from mainland China have to withdraw funds from the platform until Dec. 31.

The company says that it moved to purge Chinese customers in order to comply with new regulatory measures.

Last week, Huobi, one of the leading crypto exchanges, made a similar announcement about retiring all of its Chinese users by the end of the year.

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