Cryptocurrencies
China’s Crackdown on Cryptocurrencies Claims First Victims
- At least five exchanges halted operations or restricted access
- Investors move coins to own digital wallets from exchanges
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China’s latest crypto-crackdown is already claiming its first casualties.
At least five local exchanges have halted operations or announced they will no longer serve domestic users this month, after regulators issued a series of warnings and notices as part of a cleanup of digital currency trading.