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In defiance of the government’s ban on digital asset trading since 2021, Chinese investors are steadfastly embracing Bitcoin as a viable investment option.… ....
The degree to which cryptocurrencies continue to help people circumvent China’s capital controls is unclear, but recent big busts show they have not gone away since Beijing deemed them illegal. ....
A surge in covert mining operations post-ban means China is now the world's second-largest location for bitcoin mining behind the US, new research shows. ....