DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Research Cryptonews

New Report: Despite Crypto Ban, Chinese Citizens Trade on Binance and FTX Exchanges

Beijing has said 'no' to crypto, but that doesn't seem to affect a number of Chinese citizens who have continued trading digital coins since the ban - reportedly, on exchanges including Binance, FTX, OKX, and Huobi. Acco...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

New Report: Despite Crypto Ban, Chinese Citizens Trade on Binance and FTX Exchanges
Beijing has said 'no' to crypto, but that doesn't seem to affect a number of Chinese citizens who have continued trading digital coins since the ban - reportedly, on exchanges including Binance, FTX, OKX, and Huobi.  
According to a Bloomberg report, some portion of the country's 1.4 billion people are seeking alternatives to traditional investments, including stocks and property, and they are turning to crypto....
Read More: New Report: Despite Crypto Ban, Chinese Citizens Trade on Binance and FTX Exchanges

Why this matters

This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context