Should Chinese investors be able to access crypto?

Should Chinese investors have unrestricted access to cryptocurrencies? This question has sparked much debate in recent years, as the Chinese government has imposed strict regulations on the use and trading of digital assets. On one hand, some argue that allowing Chinese investors to freely invest in cryptocurrencies could provide them with a valuable opportunity for portfolio diversification and potentially lucrative returns. However, critics counter that crypto's volatile nature and lack of regulatory oversight pose significant risks, especially for inexperienced investors. What are the potential benefits and drawbacks of lifting restrictions on crypto access for Chinese investors? How should the government approach this issue to protect investors while still encouraging innovation?