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Binance Denies $90 Billion in Crypto Trading in China Reports!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Binance, one of the largest cryptocurrency exchanges in the world, has denied reports that it facilitated $90 billion in cryptocurrency trades in China. The news surfaced after a tweet from Chinese cryptocurrency journalist Colin Wu, who cited unnamed sources claiming that Binance had facilitated the trades through its peer-to-peer trading platform in China. Binance has since denied the claims, calling them “fake news”. The exchange said that it does not operate a peer-to-peer trading platform in China and that it strictly adheres to all applicable laws and regulations. 

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