China Turns Bitcoin Focus Inward

The Chinese government has often had a tumultuous relationship with Bitcoin, but things came to a head in 2017. By the end of the year, there was no longer a Chinese industry exchanging bitcoin for fiat currency. How did that happen, and where does China go from here? From his office in Shenzen, Virgilio Lizardo, Jr. has watched the waning of China’s influence on bitcoin pricing with interest. As Vice President of International Affairs at Bitbank Group, he sees cryptocurrency trends and pricing daily. The group’s businesses include China’s former fourth largest Bitcoin exchange CHBTC, …

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