Whats happening is a lot of Chinese are using cryptocurrency to smuggle money outside of China since the government isnt regulating it yet.
source https://www.google.com/url?rct=j&sa=t&url=https://www.hltv.org/forums/threads/2033856/cryptocurrency&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGzzY9X6sZaTpfMcmSFa-ja3OTslA
