{"id":43028,"date":"2021-05-24T12:23:59","date_gmt":"2021-05-24T09:23:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43028"},"modified":"2025-08-31T01:49:13","modified_gmt":"2025-08-30T22:49:13","slug":"huobi-and-okex-curtail-services-for-chinese-residents","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/huobi-and-okex-curtail-services-for-chinese-residents\/","title":{"rendered":"Huobi and OKEx curtail services for Chinese residents"},"content":{"rendered":"<p>The cryptocurrency exchange Huobi has suspended a portion of its services and products in several countries, and has also stopped hosting miners in mainland China.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce3Official Notice\ud83d\udce3<\/p>\n<p>Certain leveraged investment and mining pool products are temporarily unavailable to NEW users from a FEW specified countries and regions.<\/p>\n<p>*Most users are unaffected<\/p>\n<p>Huobi will always stay compliant to protect users.<\/p>\n<p>Updates\ud83d\udc47<a href=\"https:\/\/t.co\/fqATuQ84SI\">https:\/\/t.co\/fqATuQ84SI<\/a><\/p>\n<p>\u2014 Huobi (@HuobiGlobal) <a href=\"https:\/\/twitter.com\/HuobiGlobal\/status\/1396746803819679750?ref_src=twsrc%5Etfw\">May 24, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the statement, the Seychelles-registered exchange has suspended trading of futures, margin investment instruments and exchange-traded products. It is unclear which jurisdictions are affected.<\/p>\n<p>Huobi has also ceased providing mining-pool services for residents of mainland China.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis year we plan a global expansion of Huobi Pool. To focus on expansion abroad, we are suspending the provision of corresponding services for new users in mainland China,\u201d added the company.<\/p>\n<\/blockquote>\n<p>Journalist Colin Wu noted that the exchange&#8217;s own pool will continue to operate, and hosting services will be available for Filecoin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It should be emphasized that this does not refer to the mining pool service of Huobi Mining Pool, but the mining machine sales + custody service in Huobi Mining Pool.<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1396435270212407297?ref_src=twsrc%5Etfw\">May 23, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Huobi is not the only crypto exchange that has scaled back operations in China. A representative of OKEx told <a href=\"https:\/\/decrypt.co\/71752\/huobi-okex-limit-services-for-chinese-customers-ahead-of-gov-crackdown\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Decrypt<\/a> that the company temporarily halted trading of the native OKB token on the p2p platform for Chinese citizens.<\/p>\n<p>Earlier, the state Xinhua News Agency published a piece criticizing digital gold and mining. The authors noted <a href=\"https:\/\/u1f987.com\/en\/news\/china-criticises-bitcoin-and-mining-market-falls\">risks and the negative impact of cryptocurrencies<\/a>.<\/p>\n<p>Earlier, Vice Premier Liu He said that <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-falls-below-37000-on-news-of-chinas-mining-ban\">authorities intend to take measures<\/a> against the mining and trading of digital assets. Bitcoin fell below $37,000.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Huobi has suspended a portion of its services and products in several countries, and has also stopped hosting miners in mainland China.<\/p>\n","protected":false},"author":1,"featured_media":43029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,133,230,1291],"class_list":["post-43028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-china","tag-huobi","tag-okx"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=43028"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43028\/revisions"}],"predecessor-version":[{"id":43030,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43028\/revisions\/43030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/43029"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}