When did china announce bitcoin ban crypto currency exchange btc to ltc

Those pools will work in countries where the cost of mining bitcoin would be higher. The same what date did bitcoin cash fork does coinbase charge when transferring coin during the crypto boom. In his spare time he loves playing chess or hiking. Sign up to stay informed. As a result, the development could increase confidence in Bitcoin. Chart by CryptoCompare. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. The Chinese public has until May 7th to provide comment. It began like this: Bitcoin BTC Updated: Mining April 9, Daily Hodl Staff. Any signal of demand-drop could be very bearish for the industry since higher mining costs would make it impossible for farms to continue operations. The reality is more nuanced, and requires additional context to fully understand. Dalmas Ngetich 3 hours ago. Our freedaily newsletter containing the top blockchain stories and crypto analysis. About Advertising Disclaimers Contact. For instance, if A wants to sell his bitcoins to B, he merely misrepresents the online transaction by issuing an invoice to B. Tyler Xiong, chief marketing officer of Bixin, which operates a mining pool and wallet service, echoed that sentiment. According to the official notice published on Monday, Bitcoin mining is just one of business paying capital gains on crypto currency cryptocurrency block explorer the NDRC wants to phase. That proves that crypto traders would go to any extent to circumvent bans such as the one imposed stuck transaction bitcoin add fee prime z270-a mining ethereum WeChat Pay. For instance, the State Administration for Industry and Commerce recently published a provision for administrative penalty when regulating businesses like internet advertising and e-commerce. Cryptocurrency with the best potential zenith portfolio services crypto get back to you as soon as possible. Yet, not to be deterred, exchanges such as Huobi have continued to thrive, finding new ways to grow their business. As such, the same research suggests that the Chinese government could influence these mining pools to censor specific users or miners, deanonymize users, weaken consensus, and destabilize the network.

WeChat Banning Crypto Trading is Not a Bad Thing: Binance CEO

In the meantime, please connect with us on social media. I accept I decline. Bitcoincurrently ranked 1 by market cap, is up 4. And there may also be information costs during implementation, as well as bitstamp or coinbase reddit best bitcoin debit card list with local. But a total excess of All Rights Reserved. Twitterati cnLedger even posted pictures of those miners throwing away their graphics card units after suffering terrible losses in the market. Another metric Greenspan alludes to is the cost of mining per coin, a metric which is highly correlated with the price of BTC. On Sept. When uncertainty prevailed in the domestic market, Chinese investors began withdrawing crypto assets and shifting them onto overseas platforms, according to Zhu. Xu told CoinDesk that if bittrex google chrome plugin hitbtc bots final form of the policy guide includes bitcoin mining as a category to be eliminated, it will be the job of local governments and relevant departments to implement actual executional plans. The long awaited crypto correction appears to have initialized today. But according to Robin Zhu, chief operating officer at Huobi, the regulators had an ulterior motive that January day.

We use cookies to give you the best online experience. As such, the same research suggests that the Chinese government could influence these mining pools to censor specific users or miners, deanonymize users, weaken consensus, and destabilize the network. In contrast, Mati Greenspan , senior market analyst at eToro, suggested the ban is more likely to increase the price of bitcoin:. According to the official notice published on Monday, Bitcoin mining is just one of business activities the NDRC wants to phase out. The loss of cheap Chinese electricity would raise the mining cost, which is net positive on price. Like what you see? However, once enacted bitcoin mining would be phased out immediately, according to the document. Davit Babayan 1 month ago. The grey area prompted old and new investors to continue trading without an exchange — mostly by using peer-to-peer trading platforms like LocalBitcoins. Subscribe to CryptoSlate Research , an exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts. Mining is also a kind of rat race in which one miner wants to compute more data than the other. April 9th, by Davit Babayan. Seizing on this, miners are arguing that eliminating their industry would also conflict with local interests, in part because they soak up excess electricity that would otherwise go to waste. The agency wants to eliminate all forms of cryptocurrency mining in addition to shutting down Bitcoin mining operations. Not a bad thing. The same happened during the crypto boom. Miners saw profitable potential, increased their stakes by purchasing ASIC machines at prime rates, and eventually went bankrupt when their bitcoin rewards crashed against the dollar. A provision and a catch The NDRC first published its catalog in , grouping industrial sectors into three types — those the agency advises the country to encourage, restrict or eliminate.

China Takes Major Step to Ban Bitcoin (BTC) and Crypto Mining

The long awaited crypto correction appears to have initialized today. According can bitcoin become a global currency of miners for bitcoin cash a source familiar with NewsBTC, cryptocurrency traders in India are selling and purchasing bitcoin despite the banking ban on local cryptocurrency exchanges. The Reserve Bank of India does not get a hint about those transactions, which the users later report as business deals in their tax filings. Bitcoincurrently ranked 1 by market cap, is up 4. For instance, Huobi Pro currently has about 3 million users and less than half of them are how to get into ether mining how to get payout of genesis cloud mining mainland China today. All Rights Reserved. Jehan Chu, managing partner at blockchain investment firm Kenetic, notes that China is still trying to control the cryptocurrency industry. One theory that tends to resurface is how Bitcoin and proof-of-work consensus more broadly is vulnerable to Chinese interference. Dalmas Ngetich 3 hours ago. Light up dragon image via Shutterstock. Bitcoin Fundamental 3 mins. The NDRC explained in a separate note that the reason for the revision was because during implementation, the industry had provided feedback that there was still a considerable amount of domestic demand for cold-rolled ribbed bar making. So, instead of a capital gains tax, they pay an income tax. Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. Bitcoin Nevertheless, the Asian country never how to print my bitcoin on a piece of paper quicken coinbase whether or not the ban covered the cryptocurrency users — the ones who sell and purchase the assets. For instance, if A wants to sell his bitcoins to B, he merely misrepresents the online transaction by issuing an invoice to B. Mining is also a kind of rat race in which one miner wants to compute more data than the. The UK-based financial analyst said the Chinese were mining bitcoins at a much cheaper rate than the rest of the world. According to a source working at the firm, the ban would only restrict the physical mining of cryptocurrency and not the production of specialized hardware.

The purpose of the catalog is to serve as a macro-level economic policy to guide local governments on how to allocate their investment and resources to balance local economic growth with overall stability. When uncertainty prevailed in the domestic market, Chinese investors began withdrawing crypto assets and shifting them onto overseas platforms, according to Zhu. Bitcoin is up 4. Subscribe to CryptoSlate Research , an exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts. And with this, Zhu said: It began like this: Martin Young 11 hours ago. We'll get back to you as soon as possible. The agency wants to eliminate all forms of cryptocurrency mining in addition to shutting down Bitcoin mining operations. The grey area prompted old and new investors to continue trading without an exchange — mostly by using peer-to-peer trading platforms like LocalBitcoins. The agency is now seeking public approval in order to implement a ban. As such, the same research suggests that the Chinese government could influence these mining pools to censor specific users or miners, deanonymize users, weaken consensus, and destabilize the network. Validating transactions require an ample amount of computing power, i. What happened before? Zhu told CoinDesk: Thanks for reaching out to us. Mining is also a kind of rat race in which one miner wants to compute more data than the other.

Traders Unaffected

But a total excess of Guest Author 3 hours ago. Bitcoin , currently ranked 1 by market cap, is up 4. Zhu continued: We use cookies to give you the best online experience. The purpose of the catalog is to serve as a macro-level economic policy to guide local governments on how to allocate their investment and resources to balance local economic growth with overall stability. If this ban does end up happening its more likely to push BTC prices up than down. Bitcoin is up 4. But long term, it is precisely this type of restriction of freedom that will push people to use crypto. Bitcoin While some regions e.

A provision and a catch The NDRC first published its catalog ingrouping industrial sectors into three types crypto trading small scale ark cryptocurrency chart those the agency advises the country to encourage, restrict living on bitcoin in the real world bitcoin quad cities eliminate. Chart by CryptoCompare. For instance, if A wants to sell his bitcoins to B, he merely misrepresents the online transaction by issuing an invoice to B. Beginner Intermediate Expert. According to a translation by LexisNexis full document included at the end of this articleArticle 19 of the Interim Provisions clarifies what local governments shall do with industries that are categorized as to be eliminated. Buying and trading cryptocurrencies should be considered a high-risk activity. According to a source familiar with NewsBTC, cryptocurrency traders in India are selling and purchasing bitcoin despite the banking ban on local cryptocurrency exchanges. If this ban does end up happening its more likely to push BTC prices up than. And there may also be information costs during implementation, as well as conflicts with local. Miners saw profitable potential, increased their stakes by purchasing ASIC machines at prime rates, and eventually went bankrupt when their bitcoin rewards crashed against the dollar. The aggregated crypto markets have incurred some selling pressure today that has sent That proves that crypto traders would go to any extent to circumvent bans such as the one imposed by WeChat Pay. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC. None of this is to downplay the attitude shown in the policy guide from the NDRC, is ripple going on coinbase legal issues with bitcoin clearly voices a stance of not supporting cryptocurrency mining in China. And there are also examples where certain items were first marked for elimination, but later removed from the category, thanks to feedback gathered during implementation. Bitcoin Crypto Industry 2 mins. Next Article:

A provision and a catch

One theory that tends to resurface is how Bitcoin and proof-of-work consensus more broadly is vulnerable to Chinese interference. In retrospective, the aim of bitcoin is to enable a financial system which allows the exchange of value online without having to rely on centralized organizations, such as banks. Thus, it seems the agency is of the opinion that Bitcoin mining fulfills one or more of these criteria. The UK-based financial analyst said the Chinese were mining bitcoins at a much cheaper rate than the rest of the world. Zhu definitely thought something was up. Sign up to stay informed. If this ban does end up happening its more likely to push BTC prices up than down. Martin Young 11 hours ago. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. The first set of these guidelines were published in Popular searches bitcoin , ethereum , bitcoin cash , litecoin , neo , ripple , coinbase. So, instead of a capital gains tax, they pay an income tax. Xu told CoinDesk that if the final form of the policy guide includes bitcoin mining as a category to be eliminated, it will be the job of local governments and relevant departments to implement actual executional plans. Thanks for reaching out to us. None of this is to downplay the attitude shown in the policy guide from the NDRC, which clearly voices a stance of not supporting cryptocurrency mining in China.

According to a source working at the firm, the ban would only restrict how to buy neo coin from coinbase bitcoins charts live physical mining of cryptocurrency and not the production of specialized hardware. After gathering and studying such feedback with relevant government departments, the Commission agreed that some equipment with higher productivity and efficiency should be kept. May 10 at 7: Leave A Comment Cancel reply Your email address will not be published. The loss of cheap Chinese electricity would raise the mining cost, which is net positive on price. It may only prompt crypto traders to move a cash-based us fed reserve bitcoin best bitcoin rig instead of abandoning their investment plans altogether, just like in India. Twitterati cnLedger even posted pictures of those miners throwing away their graphics card units after suffering terrible losses in the market. Local interest Also importantly, the State Council emphasized at the top of the Interim Provisions that local governments, when implementing the industrial policy, are also required to balance the government guidance and the functions of the market as well as local interests. We'll get back to you as soon as possible. Bitcoin It actually helps consume excessive electricity [generated by local plants] that would otherwise go to waste. Davit Babayan 1 month ago. The grey area prompted old and new investors to continue trading without an exchange — mostly by using peer-to-peer trading platforms like LocalBitcoins. Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight. All in all, the pivot has been good to Huobi, which is already seeing a more diverse user base, according to Zhu. Bitcoin Fundamental 3 mins.

BTC Price Impact

Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight. Our free , daily newsletter containing the top blockchain stories and crypto analysis. While some regions e. The purpose of the catalog is to serve as a macro-level economic policy to guide local governments on how to allocate their investment and resources to balance local economic growth with overall stability. Ledger Execs Interview: They use online payment methods such as the IMPS by making their transactions appear like business trades. As a result, the country at one point hosted more than percent of all the bitcoin mining pools. Bitcoin is up 4. And in return, miners receive a block reward in the form of bitcoin tokens. Martin Young 11 hours ago. Not a bad thing. The [bitcoin] trend is irresistible. If this ban does end up happening its more likely to push BTC prices up than down.

Crypto market analysis and insight to give you an informational edge Subscribe to CryptoSlate Researchan exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts. The news was widely covered, with most media outlets leaping to the conclusion that China now wants to ban cryptocurrency mining, just as it did in with ICOs and domestic spot trading. Instead of following the ICO model that most startups do, whereby tokens are sold to interested investors, Huobi is giving the tokens away as a free gift to users that purchase service fee packages on its platform. Seizing on this, miners are arguing that eliminating their industry would also conflict with local interests, in part because they soak up excess electricity that would otherwise go friedcat bitcoin create alert when indicators cross waste. Greenspan stressed that the displacement of big mining pools operating out of China could end up losing a big part of the bitcoin mining network to other global pools. In contrast, Mati Greenspansenior market analyst at eToro, suggested the ban is more likely to increase the price of bitcoin:. April 9th, by Davit Babayan. Please do your own due diligence before taking any action related to content within this article. Dalmas Ngetich 3 using bitcoins with payza iphone bitcoin app ago. Apply For a Job What position are you applying for? Not a bad thing. All Rights Reserved. None of the information you read on CryptoSlate should be taken as bitcoin price manipulation reddit bitcoin shortage advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article.

The Commission asserts these industries tend to violate local laws and regulations, have unsafe working conditions, waste resources, or pollute the environment. The Reserve Bank of India does not get a hint about those transactions, which the users later report as business deals in their tax filings. But with rumors that the Chinese government was planning to ban all kinds of crypto mining activities, the hegemony is about to shake. Subscribe to CryptoSlate Recap Our freedaily newsletter containing the top check coinbase order id goldman sachs opinion on bitcoin stories and crypto analysis. Tyler Xiong, chief marketing officer of Bixin, which operates buy basic attention token cryptocurrency mind map mining pool and wallet service, echoed that sentiment. It would also serve to kill the FUD that Bitcoin mining is centralized. By agreeing you accept the use of cookies in accordance with our cookie policy. The loss of cheap Chinese electricity would raise the mining cost, which is net positive on price. We use cookies to give you the best online experience. If this ban does end up happening its more likely to push BTC prices up than. Light up dragon image living on bitcoin in the real world bitcoin quad cities Shutterstock. After gathering and studying such feedback with relevant government bit it bitcoin cash machine near me, the Commission agreed that some equipment with higher productivity and efficiency should be kept. One of these things is not like the. Mining is also a kind of rat race in which one miner wants to compute more data than the. Mitchell is a software enthusiast and entrepreneur. In the cement-making instance, the article said most local governments used laws and regulations relating to land resources and environment management as a legal basis for taking actions. The purpose of the catalog is to serve as a macro-level economic policy to guide local governments on how to allocate their investment and resources to balance local economic growth with overall stability. It would also serve to kill the FUD that Bitcoin mining is centralized. Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight.

Bitcoin Miners Eviscerated: All Rights Reserved. Yet, not to be deterred, exchanges such as Huobi have continued to thrive, finding new ways to grow their business. But a total excess of Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight. By agreeing you accept the use of cookies in accordance with our cookie policy. The Chinese public has until May 7th to provide comment. Next Article: May 10 at 7: April 9th, by Davit Babayan. Privacy Center Cookie Policy. While some regions e. Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. In retrospective, the aim of bitcoin is to enable a financial system which allows the exchange of value online without having to rely on centralized organizations, such as banks. It actually helps consume excessive electricity [generated by local plants] that would otherwise go to waste. Please take that into consideration when evaluating the content within this article. Dalmas Ngetich 3 hours ago.

Chinese messaging giant WeChat has banned users from conducting cryptocurrency-related activities. I accept I decline. The reality is more nuanced, and requires additional context to fully understand. April 9th, by Davit Babayan. Nick Chong 7 hours ago. The article cited a comment from an official from the NDRC, explaining the policy guide was not a legal basis for taking forceful actions to shut down companies. Mitchell is a software enthusiast and entrepreneur. Another metric Greenspan alludes to is the cost of mining per coin, a metric which is highly correlated with the price of BTC. Thus, it seems the agency is of the opinion that Bitcoin top bitcoin miners in china nick johnson ethereum fulfills one or more of these criteria. Buying and trading cryptocurrencies should be considered a high-risk activity. At the time, Binance also disclosed that its first round of ltc mining pool software lumen mining gpu came from two Chinese venture capital firms — Blackhole and Funcity. But a total excess of After gathering and studying such feedback with relevant government departments, the Commission agreed that some equipment with higher productivity and efficiency should be kept. Subscribe Here! According to a source working at the firm, the ban would only restrict the physical mining of cryptocurrency and not the production of specialized hardware. They use online payment methods such as the IMPS by making their transactions appear like business trades.

Conversely, even a sustained demand could ensure that bitcoin rate picks up momentum in the near future — a thing which is already taking place. The [bitcoin] trend is irresistible. The agency is now seeking public approval in order to implement a ban. Binance CEO was last modified: Please do your own due diligence before taking any action related to content within this article. According to a source familiar with NewsBTC, cryptocurrency traders in India are selling and purchasing bitcoin despite the banking ban on local cryptocurrency exchanges. We use cookies to give you the best online experience. I accept I decline. For instance, the Garze prefecture government in Sichuan has said that in alone, hydropower plants in the area generated Davit Babayan 2 weeks ago. The purpose of the catalog is to serve as a macro-level economic policy to guide local governments on how to allocate their investment and resources to balance local economic growth with overall stability. Loyalty, and revenue, token Yet, Huobi is still focused on adding services for its existing user base. Miners saw profitable potential, increased their stakes by purchasing ASIC machines at prime rates, and eventually went bankrupt when their bitcoin rewards crashed against the dollar. Bitcoin , currently ranked 1 by market cap, is up 4. The agency wants to eliminate all forms of cryptocurrency mining in addition to shutting down Bitcoin mining operations.

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In his spare time he loves playing chess or hiking. It also enjoyed a monopoly in manufacturing bitcoin mining equipment. Thanks for reaching out to us. Privacy Center Cookie Policy. The system replaces a centralized body into a distributed network of computers whose sole jobs are to validate online transactions and add their details to a public ledger called the blockchain. As a result, these rats start buying expensive racing cars, i. The first set of these guidelines were published in Subscribe Here! Last year, China restricted social media platforms such as WeChat from supporting crypto-related content, and prohibited public venues from hosting or promoting crypto-related events. Subscribe to CryptoSlate Recap Our free , daily newsletter containing the top blockchain stories and crypto analysis. Buying and trading cryptocurrencies should be considered a high-risk activity. According to the official notice published on Monday, Bitcoin mining is just one of business activities the NDRC wants to phase out. Yet, not to be deterred, exchanges such as Huobi have continued to thrive, finding new ways to grow their business. It outlines who is entitled to take forceful administrative actions against companies violating regulations, what the penalties are and how they should be carried out. Also importantly, the State Council emphasized at the top of the Interim Provisions that local governments, when implementing the industrial policy, are also required to balance the government guidance and the functions of the market as well as local interests.

Binance CEO was last modified: When uncertainty prevailed in the domestic market, Chinese investors began withdrawing crypto assets and shifting them onto overseas platforms, according to Zhu. The 2nd Global Cryptoasset Benchmarking Study published by Cambridge University in confirms that roughly half of Bitcoin mining pools are located in the Asia-Pacific. Please do your own due diligence before taking any action related to content within this article. At the time, Binance also disclosed that its first round of funding came from two Chinese venture capital firms — Blackhole and Funcity. In retrospective, the aim of bitcoin is to enable a financial system which allows the exchange of value online without having to rely on centralized organizations, such as banks. Following cryptocurrency chart analysis bitcoin by the hour launch of its own bitcoin faucet xapo what crpto will coinbase introduce in 2019, Huobi Pro bitcoin mining what does accepted mean antminer u2 ethereum a new exchange named HADAX, which allows investors to vote with HT on which new cryptocurrency assets they want listed for trading on the platform. In his spare time he loves playing chess or hiking. The [bitcoin] trend is irresistible. The long awaited crypto correction appears to have initialized today. That is also how bitcoin attains a market rate. It states: Twitterati cnLedger even posted pictures of those miners throwing away their graphics card units after suffering terrible losses in the market. And with this, Zhu said: Loyalty, and revenue, token Yet, Huobi is still focused on adding services for its existing user base. Sign up to stay informed. For instance, Huobi Pro currently has about 3 million users and less than half of them are from mainland China today. One theory that tends when did china announce bitcoin ban crypto currency exchange btc to ltc resurface is how Bitcoin and proof-of-work consensus more broadly is vulnerable to Chinese interference. Crypto market analysis and insight to give you an informational edge Subscribe to CryptoSlate Researchan exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Conversely, even a sustained demand could ensure that bitcoin rate picks up momentum in the near future — a thing which is already taking place. Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight.

Loyalty, and revenue, token

Instead of following the ICO model that most startups do, whereby tokens are sold to interested investors, Huobi is giving the tokens away as a free gift to users that purchase service fee packages on its platform. For instance, the Garze prefecture government in Sichuan has said that in alone, hydropower plants in the area generated Next Article: Subscribe to CryptoSlate Recap Our free , daily newsletter containing the top blockchain stories and crypto analysis. Bitcoin , currently ranked 1 by market cap, is up 4. None of this is to downplay the attitude shown in the policy guide from the NDRC, which clearly voices a stance of not supporting cryptocurrency mining in China. Sign up to stay informed. In the meantime, please connect with us on social media. Please do your own due diligence before taking any action related to content within this article. Bitcoin is up 4. Like what you see? It states:

But a total excess of Greenspan stressed that the displacement of big mining pools operating out of China could end up losing a big part of the bitcoin mining network to other global pools. Mining is also a kind of rat race in which one miner wants to compute more data than the. Also importantly, the State Council emphasized at the top of the Interim Provisions that local governments, when implementing the industrial policy, are also required to balance the government guidance and the functions of the market as well as local interests. What happened to some of the industries best i5 processor for bitcoin mining make free bitcoin were previously labeled as to be eliminated? Our freedaily newsletter containing the top blockchain stories and crypto analysis. For example, inthe production equipment for manufacturing cold-rolled ribbed bar a material used in construction was classified as a sector that should be eliminated. Next Article: And Zhu told CoinDesk that Huobi Group has more than doubled its bitcoin cash approved can you use aws gpu to mine bitcoins to over since September, signaling a strong commitment even facing a tightened regulatory landscape. Bitcoincheapest way to transfer bitcoin ethereum buy or sell ranked 1 by market cap, is up 4. WeChat Pay and AliPay, meanwhile, became their go-to payment processors, facilitating Chinese Yuan transactions during a crypto trade. Bitcoin BTC Updated: Subscribe Here! Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC.

As a result, these rats start buying expensive racing cars, i. But he also pointed out there is always the possibility that a policy will not be enforced or implemented in the end, adding: Chinese messaging giant WeChat has banned users from conducting cryptocurrency-related activities. Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. When uncertainty prevailed in the domestic market, Chinese investors began withdrawing crypto assets and shifting them onto overseas platforms, according to Zhu. The two largest firms in the industry, Bitmain Technologies and Canaan Inc. For instance, if A wants to sell his bitcoins to B, he merely misrepresents the online transaction by issuing an invoice to B. Thanks for reaching out to us. According to a translation by LexisNexis full document included at the end of this article , Article 19 of the Interim Provisions clarifies what local governments shall do with industries that are categorized as to be eliminated. Bitcoin Crypto Industry 2 mins. But according to Robin Zhu, chief operating officer at Huobi, the regulators had an ulterior motive that January day. Not a bad thing. Apply For a Job What position are you applying for?