How Chinese Bitcoin Buyers Are Getting Around Government Ban
How Chinese Bitcoin Buyers Are Getting Around Government Ban Chinese citizens are still investing in Bitcoin and the cryptocurrency market despite the government’s heavy crackdown. In September 2017, Chinese cryptocurrency exchanges BTCC China, Huobi and OKCoin were ordered by the government to shut down their businesses. At one point, executives of the three cryptocurrency exchanges were prevented from leaving the country, due to a government investigation into local cryptocurrency exchanges. Three months later, in December of 2017, China’s three largest…