Matrxiport exchange founded by Jihan Wu to stop providing services to users in mainland China
The tweet says that the company will stop providing services to mainland China users in just four days—on Oct. 15.
Matrixport offers to earn interest on crypto, take out crypto loans, buy digital assets, and other similar services.
Following the new crypto ban announced in China in late September, when commercial crypto transactions were announced as illegal, as well as crypto mining, more than 20 crypto-related business entities announced that they will stop working in mainland China. Among them are the Binance and Huobi exchanges – the largest in the region.
Over the weekend, major crypto miner producer Bitmain also announced that it is going to stop selling mining machines to Chinese customers. Jihan Wu is no longer the head of Bitmain.
