China Crypto Ban Drives Jump on Uniswap and Decentralized Exchanges

·4 min read

The crypto industry fell last week on news of China's harshest crackdown on cryptocurrencies yet. Among other things, the Chinese government removed a loophole that crypto investors used to trade via international exchanges. As a result, top cryptocurrency exchanges such as Huobi Global and Binance have started to curb operations in China.

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