Hong Kong Crypto Trader: China Crackdown On Bitcoin Is Overstated

China’s Crackdown On Crypto Has Been “Very Shallow” Since Bitcoin’s run-up in 2017, many have bashed China for its rapid shift to be averse towards this innovation, with cryptocurrency proponents quickly bashing the nation for its close-mindedness. However, this seemingly changed, when Michael Gu, the showrunner at crypto-centric media source BoxMining, sat down with Genesis Block’s head trader Charles to get an insider insight into Hong Kong’s local institutional crypto economy. Interestingly and funny enough, Charles painted a picture that wasn’t as bearish as it seems, especially in terms of Beijing’s Bitcoin-related…