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What Crypto Ban? Data on Chinese Users Show Otherwise

More evidence that Chinese nationals are still actively trading cryptocurrencies 19 months after the country's ban on the sector has surfaced.

iStock photo / Blockhead

In 2021, China unleashed the strictest crackdown yet on all forms of digital assets, which sent shockwaves across the digital assets industry.

Fast forward to 2023; however, there are hints that the government was beginning to reconsider its approach.

For context, consider that many indications and rumours have been that China is "reopening" in recent months.

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