Chinese Yuan Now Below 1% of Total Bitcoin Trading Volume, Down From Peak of 90%
In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard of cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs.
3 min read → Source: https://cryptoslate.com/crypto-exchange-huobi-shuts-its-crypto-derivative-trading-business-in-china/
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