China's biggest bitcoin exchange Huobi has plans to set up an offshore bank account. Photo: Reuters
China's biggest bitcoin exchange Huobi has plans to set up an offshore bank account. Photo: Reuters
Bitcoin

Chinese bitcoin firms plan to go offshore to sidestep crackdown

Digital currency firms plan relocation and offshore banking to avoid mainland crackdown

China's biggest bitcoin exchange Huobi has plans to set up an offshore bank account. Photo: Reuters
China's biggest bitcoin exchange Huobi has plans to set up an offshore bank account. Photo: Reuters
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