China bans crypto: In this week’s crypto news roundup we cover China’s latest crypto ban, their 19th since 2009, and how the result has been a mighty surge in crypto. Why this bummer of a cause and happy effect? When centralized powers exert pressure, the traders head to the fairer climes of decentralized exchanges. dYdX exchange did best of all, recording immense growth both in the dYdX price and DEX trading volume. Let China huff and puff. It’s all good in DeFi land.
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China bans crypto, dYdX price and DEX volume pumps! with Layah Heilpern