A popular Chinese mobile stock trading app appears to have removed its cryptocurrency price tracking feature just two weeks after the new service went live – possibly due to regulatory rumblings in the country.
Reports first emerged on May 17 that the app – called Tong Huashun (or “Straight Flush” in literal translation) – had added the crypto-asset price tracking feature in its iOS version. The service offered a real-time price index for major cryptocurrencies by market capitalization, such as bitcoin, bitcoin cash, ethereum, XRP and litecoin, though did not provide in-app crypto trading.
According to the company’s 2017 financial statement filed with the Shenzhen Stock Exchange, Tong Huashun reported 11 million daily active users on its free mobile stock trading app.
Stock Trading App Removes Crypto Price Tracking After Debut