Does China have a new relationship with crypto?

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In 2017 China banned cryptocurrency exchanges and since then the country’s relationship with crypto has been challenging for onlookers, and those who want to advance crypto in this populous country. Bank of China has posted a pro-bitcoin infographic on its website explaining the history of bitcoin and how cryptocurrencies work. This posting came shortly after the Chinese courts legally recognised bitcoin as a “digital property’ It appears that the bitcoin sentiment is changing in China and the wider bitcoin community has naturally welcomed this.