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Bitcoin nodes and OTC desks struggle on By Cointelegraph

by Mike Robinson

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China’s crypto holdouts: Bitcoin nodes and OTC desks struggle on

Despite Beijing’s ever-increasing crackdown on the crypto industry, there are still some signs of life in the People’s Republic regarding the network and OTC trading.

China intensified its crypto clampdown last week as a way to suppress all remaining activities related to digital assets. The regime specifically targeted crypto transactions, but as researched by Cointelegraph, this action is nothing new with at least 19 similar crackdowns over the past decade or so.

Localbitcoins volume CNY – coin.dance

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