How Investors in China Keep Trading Crypto, Despite the Ban

Jan 24, 08:01 AM

In the early years of the cryptocurrency boom, China was a hub of activity. But starting in 2021, crypto trading was banned in the country. That hasn’t stopped people from finding creative workarounds—and trading tens of billions of dollars worth of crypto in the process. WSJ reporter Weilun Soon tells host Alex Ossola how Chinese traders are still operating, and what it might mean for regulators across the world.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In the early years of the cryptocurrency boom, China was a hub of activity. But starting in 2021, crypto trading was banned in the country. That hasn’t stopped people from finding creative workarounds—and trading tens of billions of dollars worth of crypto in the process. WSJ reporter Weilun Soon tells host Alex Ossola how Chinese traders are still operating, and what it might mean for regulators across the world.

Learn more about your ad choices. Visit megaphone.fm/adchoices