Chinese investors are paying no mind to the government warnings on over-the-counter cryptocurrency trading as they rush into the market in large numbers to accumulate their own share of cryptocurrencies, with a lot of attention being placed on Bitcoin.
Recall that the market reacted with a decline in price value when the Chinese Vice Premier Liu revealed that the government was set to crackdown on Bitcoin mining and trading activities in the country, citing fraud and money laundering as a potential downside of the market. However, despite these warnings, the OTC market in China has remained active.