Share this article
Stock Trading App Removes Crypto Price Tracking After Debut
A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.
By Wolfie Zhao
Updated Sep 13, 2021, 8:00 a.m. Published May 31, 2018, 9:00 a.m.
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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.
Currently, however, searching for the feature inside the application leads to a page that indicates the service does not exist.
Meanwhile it remains unclear what has led to the change. At press time, representatives from the company have yet to respond to CoinDesk's request for comment on the reasons for the change.
However, the news comes after municipal-level government mouthpiece Beijing News called the application's crypto tracking service "questionable" and "walking a thin line."
Citing a legal expert from the Bank of China, the report on May 17 said that, although the offering may not fall under the existing scope of China's ban on token trading, it should be noted that the ban is not exclusive and could be extended to China-based platforms that merely provide data on cryptocurrency prices.
Chinese stock board image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Norway's sovereign wealth fund supports Metaplanet bitcoin plan ahead of EGM vote
Norges Bank, which holds a 0.3% stake in Metaplanet voted in favor of for all five proposals ahead of the Dec. 22 EGM.
What to know:
- Norway’s sovereign wealth fund, which holds about 0.3% of Metaplanet, voted in favour of all five proposals ahead of the company’s Dec. 22 Extraordinary General Meeting, backing its Bitcoin treasury strategy.
- The proposals introduce perpetual preferred shares and expand capital flexibility to support non dilutive Bitcoin accumulation.
Top Stories
