BTC.com, one of the largest mining pools for cryptocurrencies, has announced it will shut down operations in mainland China amid tightening regulations in that country.
By
a statement subsidiary of BIT Mining, from today BTC.com is no longer registering new users and plans to phase out the accounts of existing users. The announcement said that the shutdown in China could negatively affect financial statements, but at the same time, growth in other markets could offset the loss of business in China.
The largest Bitcoin mining pool, AntPool, announced the termination of IP access in mainland China on the same day. The company will continue to work, but taking into account the innovations in the country. Also cryptocurrency exchange Binance
statedthat will delist the pairs with the Chinese yuan, after which it will close access to the platform for users from China.
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