News Desk — April 3, 2018 at 5:20 am — Updated: April 3, 2018 at 5:20 am

Asia’s cryptocurrency arbitrage boom fizzles, but profits persist

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SHANGHAI/SINGAPORE (Reuters) – When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin “mules” and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators’ watchful eyes.

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