Why did two crypto exchanges stop registering new users from China?
As a keen observer of the cryptocurrency market, I'm curious to understand the recent developments surrounding two major crypto exchanges that have reportedly stopped registering new users from China. Could you elaborate on the possible reasons behind this decision? Are there any regulatory pressures or compliance issues that might have influenced their move? Moreover, what are the implications of this restriction on the global crypto ecosystem, and how might it impact investors and traders in China specifically? Your insights would be invaluable in understanding this evolving landscape.