China Banned Crypto One Year Ago. What's Changed?

This September marks the one-year anniversary of China declaring that crypto transactions were effectively illegal. The decision wasn't entirely unexpected: China has been trying to crack down on crypto in one form or another since at least 2013.  The 2021 declaration prompted some pretty swift and significant changes, including the uprooting of a Chinese Bitcoin mining community.   This episode features Bloomberg reporters Yueqi Yang and David Pan, as well as Winston Ma, a Managing Partner & Co-Founder at CloudTree Ventures, who’s also an NYU Adjunct Professor in the global digital economy.See omnystudio.com/listener for privacy information.