Hong Kong Crypto Trader: China Crackdown On Bitcoin Is Overstated14.81

Since Bitcoin’s run-up in 2017, many have bashed China for its rapid shift to be averse towards this innovation, with cryptocurrency proponents quickly bashing the nation for its close-mindedness. However, this seemingly changed, when Michael Gu, the showrunner at crypto-centric media source BoxMining, sat down with Genesis Block’s head trader Charles to get an insider insight into Hong Kong’s local institutional crypto economy.

Interestingly and funny enough, Charles painted a picture that wasn’t as bearish as it seems, especially in terms of Beijing’s Bitcoin-related regulatory actions.

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