China’s Central Television Warns of the Risks of Cryptocurrency OTC Trade

Ever felt curious how Chinese trade cryptocurrency exchanges are closed? Last Saturday November 11, China’s Central Television (CCTV-13) aired a program about bitcoin over the counter trading in the country.
The program reveals that advertisements about cryptocurrency OTC trading have been clustering WeChat groups like a virus over the past month. The channel’s news reporter also interviews early bitcoin adopter Wang who demonstrates how easy it is to trade through OTC.