Bitcoin Yuan Trading Below 1% of Global Total after Crackdown, Says China’s Central Bank


The much-publicized and controversial crackdown by China’s central bank on the country’s domestic cryptocurrency sector has had its desired effect. The People’s Bank of China (PBoC) – the country’s central bank and financial regulator – has released data that claims bitcoin trading in China’s fiat currency, the renminbi (RMB), has dropped below 1 percent of

The post Bitcoin Yuan Trading Below 1% of Global Total after Crackdown, Says China’s Central Bank appeared first on CCN

Posted by Samburaj Das on July 9, 2018 @ https://www.ccn.com/bitcoin-yuan-trading-below-1-of-global-total-after-crackdown-says-chinas-central-bank/

Comments are closed.