Despite a ban on bitcoin mining in mainland China, the underground crypto market in the country is flourishing, according to Reuters, which reported that the country is seeing a "rush into bitcoin." The country now has more crypto transactions occurring there than in the separately-administered region of Hong Kong, where use of crypto is more tolerated. There’s one surprising reason for this: China’s stock and real estate markets have plummeted in the past three years, and despite the historic volatility of cryptocurrencies, investors are desperate for alternative markets to invest in. Chinese peer-to-peer trading in ... (full story)