How Chinese traders and miners get around China’s crypto ban
Chinese crypto traders, miners and airdrop farmers aren’t letting an almost total ban on crypto in China stop them from joining the fun.
Chinese investors are finding innovative ways to tap into the digital assets markets and participate in some of the years most profitable trends despite Beijings ban on cryptocurrency trading.
The government has banned crypto amid a blaze of publicity numerous times, including a 2013 ban on banks dealing in crypto, a 2017 ban on initial coin offerings and exchanges, followed by a trading and mining ban in 2021.
Despite this, accessing cryptocurrencies in the mainland isnt that difficult, pseudonymous investor Lowell tells Magazine.
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Author: Yohan Yun
