Crypto traders in China continue to work despite ban


Source: thecoinrepublic.com thecoinrepublic.com

Key Topics in this News Article:

News Snapshot:

- Cryptocurrency trading in China continues in the country despite ban - Users have been gradually moving towards DeFi - Cryptocurrency activity worth $256 billion took place in the last year While numerous Chinese exchanges shut shop, crypto traders are looking to work around the system. China’s mission against digital currencies prompted the specialists to close down bitcoin mining activities in May. That has coincided with the rise of decentralized money or DeFi, which permits clients to exchange with one another with no go-between, like a bank or merchant, making it harder to obstruct. They still consistently exchange crypto, as...