Bitcoin proves hard to kill in China

Over-the-counter market for cryptocurrency grows after authorities close exchanges.

The Financial Times
Nov 7, 2017 · 3 min read
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Bobby Lee of BTC China photographed at his office in Shanghai, China on 16 December 2013. BTC China is quickly becoming the world’s largest Bitcoin exchange in the world — In Pictures Ltd./Corbis via Getty Images

By Gabriel Wildau in Shanghai

Chinese investors are still trading bitcoin and buying initial coin offerings, suggesting authorities in Beijing are struggling to clamp down on cryptocurrencies just weeks after announcing that public…

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