
HONG KONG -- Cryptocurrency transactions in China have picked up in recent months despite a ban in September 2021, suggesting that trading restrictions imposed by Beijing have been largely bypassed by determined users.
Following the government crackdown on the industry last year, mainland China recorded a 31% fall in the volume of digital token transactions between July 2021 and June 2022, according to blockchain consultancy group Chainalysis's latest report on East Asia.