Bitcoin and other cryptocurrencies can still be bought in China after Beijing’s latest crackdown

Source: South China Morning PostChina’s latest salvo against cryptocurrencies has driven a brutal sell-off in bitcoin markets but retail traders, miners and even crypto finance firms reckon Beijing’s bark is louder than its bite.China’s announcement on Tuesday of a tougher ban on banks and payment companies offering crypto-related services furthered a sell-off that briefly wiped US$1 trillion off crypto market capitalisation.But fears that the rules would cripple cryptocurrency markets and mining on the Chinese mainland…Read More

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