Bitcoin and Crypto Adoption Spreading in China Despite Crackdown

Bitcoin and Crypto Adoption Spreading in China Despite Crackdown

Support of Bitcoin in China is heating up despite the government’s crypto crackdown in September 2017. In addition to prohibiting commercial banks from servicing crypto-related businesses, local authorities enacted even more anti-crypto measures last month when they banned crypto companies from social media giant WeChat. Regulators also barred organizers of token sales and cryptocurrencies from promoting […]
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