KuCoin Tells Users in China to Move Funds to ‘Other Platforms’ Before December — CoinDesk

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Late final month, Chinese authorities ordered a contemporary crackdown on crypto mining and outlawed just about all crypto buying and selling actions in what some outlined as its hardest measures in opposition to crypto in years. During that point the market skilled a modest sell-off as bitcoin fell roughly 4.5% on the information, from round $45,159 to $40,693 earlier than clawing again some losses and shutting out the each day buying and selling interval at $42,848.