Before Bitcoin trading was banned in China, the BTC/CNY trading volume was actually much higher than BTC/USD. Several of the largest crypto exchanges today were founded by Chinese people.
Bitcoin adoption in China is low due to trading restrictions, but many still hold it. Meanwhile, Hong Kong is actively developing in the crypto space.
cody / Cody Tseng
npub1sy…wf6wl
2025-04-13 12:31:36
in reply to nevent1q…g4xx
Author Public Key
npub1syjmjy0dp62dhccq3g97fr87tngvpvzey08llyt6ul58m2zqpzps9wf6wlPublished at
2025-04-13 12:31:36Event JSON
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"content": "Before Bitcoin trading was banned in China, the BTC/CNY trading volume was actually much higher than BTC/USD. Several of the largest crypto exchanges today were founded by Chinese people. \n\nBitcoin adoption in China is low due to trading restrictions, but many still hold it. Meanwhile, Hong Kong is actively developing in the crypto space.",
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