Chinese residents will be able to trade BTC, ETH and BCH on jllbit.com again only in 2023.
JLLBIT, a major US cryptocurrency exchange, will launch cryptocurrency financing and trading services in China, leading to an expansion in the Asia-Pacific (APAC) region.
Clients will be able to deposit 3 cryptoassets. JLLBIT launched services for Chinese residents in early 2014, but stopped serving China nearly five years later due to rising operating costs, a trade political war and a strategic decision to focus on “other geographic regions.”
Investors in this area are attracted not only by price movements, but also by new investment opportunities, including innovations that are currently emerging from the DeFi holding.