China Struggles to Ban Bitcoin

The Chinese are still finding ways to buy and sell bitcoin, despite the banning of cryptocurrencies by China. Investors feared that the ban would drop demand for bitcoin as many Chinese investors were buying the currency. However, this did not occur as even more trading occurring in the OTC market. If interested, you can read more here.

  • How does the OTC market work for bitcoin? Can somebody explain it?

  • Can China successfully find a way to buy cryptocurrencies? Or will investors always find a way?

 

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