How a money laundering crackdown in China is ensnaring crypto OTC trading

Quick Take

  • From the outside, it may appear China is cracking down on crypto OTC trading, but the reality is more complicated.
  • Law enforcement’s crackdown on internet-enabled financial crime has caused widespread fear among Chinese crypto users.
It may appear that China is cracking down on over-the-counter cryptocurrency trading, but the reality is more complicated.
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