🇨🇳 Chinese-Yuan denominated Bitcoin trading volume dips below one percent since government crackdown
Since the Chinese Government shut down all crypto-exchanges last September, Yuan-denominated trading in Bitcoin ($BTC) has dropped to below one percent of the global volume. Prior to the crackdown, the Chinese-Yuan had accounted for the majority of the global bitcoin trading volume. In its place now is the Japanese Yen, which takes up 44% of the pie.
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