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Is China Poised to Relax Its Crypto Ban? | Bloomberg Crypto



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One of the biggest shocks to the crypto market in the past couple of years came in 2021 - when China issued its most significant crackdown (https://www.bloomberg.com/news/articles/2021-09-24/china-deems-all-crypto-related-transactions-illegal-in-crackdown) yet on all things digital assets.

Fast forward to 2023, and there are signs that the country might be softening (https://www.bloomberg.com/news/newsletters/2023-01-12/could-crypto-s-comeback-be-made-in-china) that stance ever so slightly. Just to set the scene a little bit - this is all related to broader signs and speculation that China is quote unquote “reopening”.

To discuss China’s potentially softening stance on crypto, Bloomberg reporter Muyao Shen (https://www.bloomberg.com/authors/AVmRps-ull0/muyao-shen) joins this episode.

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