chinese government: They said over-the-counter brokers, which act as middlemen for buyers and sellers, have seen much of the activity. ; Measuring cryptocurrency trading volume in China or elsewhere is quite difficult, according to The Japan Times. While digital wallets used to send and receive coins can be tracked on the blockchain technology that underpins most coins, the geographical location of senders cannot. Exchanges, researchers and brokers say they have seen an uptick in activity at cryptocurrency trading venues popular with Chinese. And the Chinese government's 2017 ban on cryptoplatforms means there is little data on the sector in the country. China's economy has been hit by simmering trade tensions between Washington and Beijing. Still, the impact of the U.S-Sino trade war on China's economy and its falling currency are driving some larger investors to shift money from the yuan to cryptocurrencies, said Andy Cheung, head of operations at OKEx, a Malta-based platform popular among Chinese.
(news.financializer.com). As
reported in the news.
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