Cryptocurrency Exchanges in China Are Officially Dead

The last digital currency exchange in China was shut down as of November 1. With that final closure, the exchange of digital currencies in China officially became illegal. However, that's not to say that Chinese investors are not involved in the cryptocurrency space, only that they have been forced to look to other areas for their trading.

One way that cryptocurrency exchanges in China have saved themselves is by shuttering their operations in the country and moving elsewhere.