China’s comprehensive ban on cryptocurrency trading has had its desired effect: the yuan renminbi now accounts for less than 1% of global bitcoin transactions. Yuan Transactions Down Once the dominant quote currency for bitcoin, the yuan is no longer being used to facilitate fiat-to-crypto trades, according to new data from the People’s Bank of China […]
The post Yuan Accounts for Less than 1% of Bitcoin Transactions, but Chinese Nationals are Still Trading Cryptocurrency appeared first on Hacked: Hacking Finance.
The post Yuan Accounts for Less than 1% of Bitcoin Transactions, but Chinese Nationals are Still Trading Cryptocurrency appeared first on Crypto Currency Online.
source https://cryptocurrencyonline.co/yuan-accounts-for-less-than-1-of-bitcoin-transactions-but-chinese-nationals-are-still-trading-cryptocurrency/
No comments:
Post a Comment