Chinese Crypto-Innovators Predict a Bright Future Despite Strict Regulations

China is known to have spent the past year implementing rules that have made it hard for cryptocurrency to flourish in the country. However, in a time when the nation was strict on crypto, Chinese crypto enthusiasts have not relented in trading in digital currencies and creating Blockchain technology.

Trading in cryptocurrency in China had become even harder with many restrictions in place. For instance, the ban of ICOs and domestic fiat-crypto exchanges in September 2017, the prohibition of “exchange-like services “ in January and the abolishment of foreign exchanges in February has rendered crypto trading impossible in China.

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