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Tag: P2P crypto China

Crypto Adoption in China Despite Ban: How 59 Million Still Trade Underground
Jan, 16 2026

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

Despite a full government ban since 2021, 59 million Chinese still use crypto through offshore exchanges, P2P trading, and stablecoins. Why? Because they need financial freedom - and the state can't stop it.

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