Cumberland halts filecoin trading, citing 'regulatory environment'
It cited regulatory concerns as the reason behind the move.
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It cited regulatory concerns as the reason behind the move.
Filecoin has a market cap of just over $2.4 billion, and has a storage capacity of more than 13.41 exabytes (1 exabyte is equal to 1 million terabytes).
China banned crypto trading and mining last year.
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Filecoin has become the official storage partner of the Flow blockchain, a company dedicated to providing decentralized storage for NFTs minted on the Dapper Lab network.