An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong. A global cryptocurrency sell-off has drawn the interest of Chinese social media users despite a ban in crypto trading in the country. Photo: AP Photo
Crypto sell-off draws avid online discussions in China despite ban on bitcoin, Luna trading
- Luna, a cryptocurrency that saw its prices plunge over 80 per cent on Tuesday, was a top trending search term on Chinese social media platform Weibo
- Despite Beijing’s ban on cryptocurrency trading, enthusiasts in the country are known to have found workarounds to skirt the restrictions
An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong. A global cryptocurrency sell-off has drawn the interest of Chinese social media users despite a ban in crypto trading in the country. Photo: AP Photo