Investors are piling into crypto startups — just not in China A sign that China’s crackdown on alternative currencies has chilled the country’s upstart industry. By Lizette Chapman, Bloomberg 5 Dec 2021 00:39 Image: Moe Zoyari/Bloomberg For the first time in four years, venture investors are backing more crypto and blockchain startups in the US than they are in Asia — a sign that China’s crackdown on alternative currencies has chilled the country’s upstart industry. Though the country was once a crypto capital, China’s new restrictions on tech companies have driven down the number of cryptocurrency and blockchain startups getting...