2018-7-9 20:13 |
The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total.
According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen.
Though at its peak, more than 90 percent of the volume accounted for the RMB/BTC trade, now Bitcoin trading operations in the Chinese currency hardly reach 1 percent of the world’s total.
Last year, in September, the authorities of Beijing banned the trading of all cryptocurrencies, including Bitcoin, with the Chinese yuan.
These restrictions for the crypto-yuan trading operations had their impact on the world’s major trading platforms.
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