Is China’s Stock Market Pulling Investors Away from Cryptocurrencies?

According to a report by Muyao Shen for Bloomberg, some Chinese investors appear to be moving away from cryptocurrencies and back into the nation’s stock market, which has recently surged due to central bank measures. Although crypto trading was officially banned in 2021, Bloomberg reports that many mainland residents have continued to access overseas accounts […] source: https://www.cryptoglobe.com/latest/2024/10/is-chinas-stock-market-pulling-investors-away-from-cryptocurrencies/