A crypto Twitter account has been causing a stir. As the tweet suggests it seems that someone has got hold of official documents saying that some cryptocurrency exchanges are being legalized. 

The photo shows a "real photo" of a cryptocurrency exchange license agreement. This rumour comes at a time when Binance announce they are due to open an office in Beijing.

After some digging, I was able to find a link to the photo and it came from a website called Tianyancha. They are a large data technology company having a vast repository of Chinese enterprise information, Crypto Even has said. However, the site does not permit foreign access. So if you are based anywhere other than China you cannot log in.

After Chinese President Xi pumped the Bitcoin price by saying the world powerhouse will become a leading nation in blockchain technology. The press have been looking for stories and developments in China surrounding cryptocurrencies. I must stress this is not verified by anyone but it has set tounges wagging.

@Crypto_Even tweet


All information and content on this website, from this website or from FX daily ltd. should be viewed as educational only. Although the author, FX daily ltd. and its contributors believe the information and contents to be accurate, we neither guarantee their accuracy nor assume any liability for errors. The concepts and methods introduced should be used to stimulate intelligent trading decisions. Any mention of profits should be considered hypothetical and may not reflect slippage, liquidity and fees in live trading. Unless otherwise stated, all illustrations are made with the benefit of hindsight. There is risk of loss as well as profit in trading. It should not be presumed that the methods presented on this website or from material obtained from this website in any manner will be profitable or that they will not result in losses. Past performance is not a guarantee of future results. It is the responsibility of each trader to determine their own financial suitability. FX daily ltd. cannot be held responsible for any direct or indirect loss incurred by applying any of the information obtained here. Futures, forex, equities and options trading contains substantial risk, is not for every trader, and only risk capital should be used. Any form of trading, including forex, options, hedging and spreads, contains risk. Past performance is not indicative of future FX daily ltd. are not Registered Financial Investment Advisors, securities brokers-dealers or brokers of the U.S. Securities and Exchange Commission or with any state securities regulatory authority OR UK FCA. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest, with or without seeking advice, then any consequences resulting from your investments are your sole responsibility FX daily ltd. does not assume responsibility for any profits or losses in any stocks, options, futures or trading strategy mentioned on the website, newsletter, online trading room or trading classes. All information should be taken as educational purposes only.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin, Ethereum and XRP steady as China slaps 125% tariff on US, weekend sell-off looming?

Bitcoin, Ethereum and XRP steady as China slaps 125% tariff on US, weekend sell-off looming?

The Cryptocurrency market shows stability at the time of writing on Friday, with Bitcoin (BTC) holding steady at $82,584, Ethereum (ETH) at $1,569, and Ripple (XRP) maintaining its position above $2.00.

More Cryptocurrencies News
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery

Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery

Bitcoin price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.

More Bitcoin News
Bitcoin, Ethereum, Dogecoin and Cardano stabilze –  Why crypto is in limbo

Bitcoin, Ethereum, Dogecoin and Cardano stabilze –  Why crypto is in limbo

Bitcoin, Ethereum, Dogecoin and Cardano stabilize on Friday as crypto market capitalization steadies around $2.69 trillion. Crypto traders are recovering from the swing in token prices and the Monday bloodbath. 

More Cryptocurrencies News
Can FTX’s 186,000 unstaked SOL dampen Solana price breakout hopes?

Can FTX’s 186,000 unstaked SOL dampen Solana price breakout hopes?

Solana price edges higher and trades at $117.31 at the time of writing on Friday, marking a 3.4% increase from the $112.80 open. The smart contracts token corrected lower the previous day, following a sharp recovery to $120 induced by US President Donald Trump’s 90-day tariff pause on Wednesday.

More Solana News
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery

Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery

Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP