Huobi Exchange To Suspend All Chinese Accounts – September 27

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $43,668

Bitcoin price has made a small run back toward the $44,000 mark to kick off the week, following a rough last several days of trading.

Top-20 altcoins are also looking stronger, as Ethereum climbs 4%, Solana rallies 9% and Uniswap gains 8% over the last 24 hours.

Top Stories for September 27, 2021 πŸ”₯

πŸ‘‰ Huobi Exchange To Suspend All Chinese Accounts

Major cryptocurrency exchange Huobi Global has announced that it will be suspending the accounts of all users based in China by the end of the year.

The move follows the recently-published measures by the People’s Bank of China (PBoC) to crack down on crypto trading activity – which much of the crypto community is dismissing as a deliberate scare tacitc.

Huobi’s exchange token, HT, lost more than a quarter of its value within 24 hours in response to the news.

πŸ‘‰ Robinhood Crypto Executives Hint At DeFi Integration

Executives of Robinhood’s cryptocurrency division have hinted at a possible integration of decentralized finance (DeFi) features within its trading app.

The statements were made at Messari Mainnet’s conference in New York, with CTO Johann Kerbrat expressing his excitement around cryptocurrency staking.

πŸ‘‰ Binance Restricts Fiat Deposits And Spot Trading For Singapore

Crypto exchange giant Binance has announced that it is blocking fiat deposits, spot trading, crypto purchases and more for users based in Singapore.

Binance has made a series of drastic restrictions for its users around the world over the past several weeks, as the exchange appears to attempt to become more compliant with global regulations.