CryptoBearishNewsBTC · 11h ago🔥 8/10
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China Just Put A Two-Year Expiry Date On Crypto Access For 1.4 Billion People
China's regulatory commission announced a two-year deadline to eliminate unauthorized cross-border financial operations, penalizing three major offshore brokerages (Tiger Brokers, Futu Securities, Longbridge Securities) that facilitated crypto access for mainland investors. The coordinated nine-agency crackdown represents the most significant enforcement action since 2021 and directly threatens the informal channels through which Chinese traders access crypto markets.
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