China and bitcoin news

china and bitcoin news

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Bruised by stock market, Chinese rush into banned bitcoin Chinese investors are turning to cryptocurrencies as a safe haven amid the country's economic. Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. China blockchain and cryptocurrency news, analysis and in-depth articles by Cointelegraph.
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Emily Parker is CoinDesk's executive director of global content. Chinese authorities have clearly cracked down on the crypto industry, and there are many crypto-related activities that are indeed not allowed. Head to consensus. The other crypto bosses in US authorities' crosshairs Onetime crypto poster child Sam Bankman-Fried was found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-profile criminal case that rocked the industry.