Too Long; Didn't Read
Although part of cryptocurrency’s vision is to decentralize and circumvent supervision, price changes in the market are still closely affected by government regulatory policies.
Looking back at 2021, whether in China or the United States, regulatory agencies and departments have become stricter about cryptocurrency, and policies have been notably tightened.
Recently, Chinese blockchain users have encountered a complete dead-end: More than 20 cryptocurrency corporations have announced the full stop of providing relevant services to users in China and completely exit the Chinese market.
Chinese users are undoubtedly an indispensable liquidity provider in global cryptocurrency trading, and the blockchain industry is unwilling to see Chinese investors withdraw.
So how should Chinese users deal with the existing assets that are about to be liquidated in the exiting exchanges?
Furthermore, in the post-exiting era, where should China's new and old cryptocurrency investors seek new investment opportunities?