Huobi imposes 24 hr crypto withdrawal delay to dampen speculation

Huobi imposes 24 hr crypto withdrawal delay to dampen speculation

The exchange’s decision aligns squarely with Beijing’s ongoing and multi-pronged crackdown on the country’s cryptocurrency investors in its attempt to prevent both capital outflows and volatility in the crypto sector.

The exchange’s decision aligns squarely with Beijing’s ongoing and multi-pronged crackdown on the country’s cryptocurrency investors in its attempt to prevent both capital outflows and volatility in the crypto sector.

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