#Cryptocurrency trading in #China is experiencing significant growth, even amid strict regulatory measures.

A recent report from #chainalysis indicates that trading volume in the over-the-counter (#OTC ) market surged to $23.7 billion in Q2 2024, a more than threefold increase compared to the same quarter in 2021.

This rise suggests that investors are turning to #crypto as an alternative to underperforming stocks in a slowing economy. Despite government crackdowns, the demand for cryptocurrencies remains strong, reflecting a broader shift in investment strategies.