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Underground Crypto Trading in China Reaches $75 Billion Blockonomi 25 Sep 2024

Underground Crypto Trading in China Reaches $75 Billion

Underground crypto trading in China hit $75.4 billion over nine months, driven by weak equity and property markets. OTC crypto brokers saw inflows of over $20 billion per quarter despite a ban, with 55% of transactions over $1 million.

Cryptocurrency OTC Brokers China trading

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