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BANNING CRYPTO TRADING IS A GOOD THING,” LU SAID IN THE INTERVIEW.

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#1
According to him, China’s massive population means that different rules have to be applied in order to keep such a fast-growing industry in check. Considering the sheer number of people living in China, around 1.3 billion, as well as the complexity of its government, a blanket ban on all trading was a smart move, Lu explained. He went on to say that nipping crypto trading in the bud before it became too big to handle enabled the country to craft specific regulations and stop “bad guys” from entering the space.
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