OKCoin Puts an End to Bitcoin Margin Trading, Cites Regulations

OKCoin Puts an End to Bitcoin Margin Trading, Cites Regulations

OKCoin and Huobi, two leading Chinese Bitcoin platforms have stopped offering margin and leveraged trading options in accordance with the new regulatory requirements. The Chinese Bitcoin exchanges are making significant changes to their service offering. These changes follow a recent inspection of cryptocurrency platforms carried out by the People’s Bank of China (PBOC). The latest announcement of such a change comes from OKCoin. In its most recent post, the platform has announced the suspension of margin trading service. The platform’s decision follows the requirements stated by the....


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