As China cracks down on centralized exchanges and popular P2P platforms like Localbitcoins adopt more KYC and restrictions, a uncensorable way to exchange Bitcoins for CNY in China is sorely needed.

Bisq Network has managed to launch in China. Volumes and liquidity are still low:

https://bisq.network/markets/?currency=btc_cny

…but if it proves as uncensorable as it claims, it could point the way for many other countries where governments restrict Bitcoin trading. This is a story to watch!



Source link

Register at Binance