BTC.com Disengages Crypto Services in China Amid Crackdown By CoinQuora – Investing.com
- Date: 17-Oct-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
BTC.com Disengages Crypto Services in China Amid Crackdown By CoinQuora – Investing.com
The effect of China’s crypto clampdown continues to affect many businesses and individuals. Thus, leading crypto service providers in the country to close shop. For this reason, BIT Mining Limited, a leading crypto mining company, announced that its mining pool subsidiary, BTC.com is exiting the mainland Chinese markets.
BTC.com says it will stop registering new users from mainland China. To obey local regulations in China, BTC.com began retiring existing user accounts starting from October 15, 2021.
BIT Mining is a renowned technology-driven crypto mining company that provides crypto mining, data center operation, and mining pool services. BIT Mining owns the blockchain browser BTC.com and a mining pool business operated on BTC.com. It also provides mining services for a variety of cryptocurrencies such as BTC, BCH, ETH, and LTC.
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