WSJ News Exclusive | Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway.

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Binance, the world’s largest crypto exchange, was supposed to leave China when the country made crypto trading illegal. Almost two years later, users traded $90 billion of cryptocurrency-related assets there in a single month.

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https://www.wsj.com/articles/crypto-is-illegal-in-china-binance-does-90-billion-of-business-there-anyway-2a0af975Retaining its Chinese footprint will be crucial for Binance as it faces a global regulatory crackdown

 

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