The Ban is Ineffective! China’s Underground Cryptocurrency Market Continues to Thrive

China is one of the most stringent regions in the world for cryptocurrency trading. However, according to a report by CryptoSlate, the mining industry is slowly returning to China. Ben Gagnon, the mining director of Bitfarms, pointed out in an interview that the mining industry is quietly making a comeback in China as a means of recycling waste, particularly heat, from residential and office projects.

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