cryptocurrencies: Bruised by stock market, Chinese rush into banned bitcoin
Chinese investors are turning to cryptocurrencies as a safe haven amid the country's economic downturn and crumbling stock and property markets. Despite a ban on cryptocurrency trading and mining, Chinese investors are finding ways to trade through grey-market dealers and crypto exchanges in Hong Kong. Chinese brokers and financial institutions are also exploring crypto-related businesses in Hong Kong to generate growth.
Source: indiatimes.com
![AI, crypto mining may be 'bad news' for data centres, here's why | [Publication Name] | - Vimarsana News](https://vimarsana.com/images/vimarsana-bigimage.jpg)