China’s Share of Bitcoin Exchange Market Is Now 1 Percent Globally

2018-7-11 17:21

There is no doubt that this demise in the Bitcoin trading is due to the continuous crackdown by the Chinese authorities on all cryptocurrency-related activities taking place in the country.
China, which at one time grabbed a considerable market share of the cryptocurrency market, has now reduced to now having absolutely no dominance in it.
He added:
“China lifting its ban on cryptocurrency would likely have a significant impact on prices.
China Still Leads In The Blockchain Patents
China’s beating-down of its crypto market should not be mistaken with its pursuit in the blockchain space.
In fact, China has pocketed the maximum number of blockchain patents with the People’s Bank of China (PBoC) having filed for 41 patents till now.

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Источник: bitcoints.com

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