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

The post Binance Denies $90 Billion in Crypto Trading in China Reports! appeared first on Coinpedia Fintech News

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.