Is China Poised to Relax Its Crypto Ban? (Podcast)

The hardline stance previously taken seems to be easing ever so slightly.

(Bloomberg) — Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify.

One of the biggest shocks to the crypto market in the past couple of years came in 2021, when China issued its most significant crackdown yet on all things digital-assets. 

Fast forward to 2023, and there are signs that the country might be softening that stance ever so slightly. Just to set the scene a little bit, this is all related to broader signs and speculation that China is “reopening”.  

To discuss China’s potentially softening stance on crypto, Bloomberg reporter Muyao Shen joins this episode. 

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter 

This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer:  Desta Wondirad.

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