Crypto Exchange to Leave Mainland Clients With One Option: Withdraw

What’s new: Cryptocurrency exchange Huobi Global has announced it will terminate almost all transactions for Chinese mainland clients by the end of the year to comply with domestic regulations.

After Dec. 31, the only thing existing mainland clients can do is to log in and withdraw their assets from the platform, Huobi Global said in a statement. The clients will continue to have access to their account for one to two years.