China’s Offshore Trading Crackdown Could Unleash a New Wave of Crypto Capital Flight

Lockridge Okoth

(11:59 AM UTC)

1 min read

China’s securities regulator is shutting down mainland operations of major online brokers Tiger Brokers, Futu Holdings, and Longbridge over a two-year wind-down. These are online brokerage platforms based in Hong Kong and overseas that let users trade US, Hong Kong, and other global stocks from their phones.

Mainland Chinese investors flocked to them because they offered cheap, easy access to…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Lockridge Okoth · BeInCrypto

Read original →

Comments