Tag: P2P crypto China

Crypto Adoption in China Despite Ban: How 59 Million Still Trade Underground in 2025
21 Dec

Crypto Adoption in China Despite Ban: How 59 Million Still Trade Underground in 2025

by Johnathan DeCovic Dec 21 2025 17 Cryptocurrency

Despite a total ban since 2021, 59 million Chinese still use crypto through underground P2P networks, VPNs, and stablecoins. Here's how they do it - and why the government can't stop them.

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