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Tag Archives: ‘Trade tensions and a weaker yuan drive Chinese crypto demand’

‘Trade tensions and a weaker yuan drive Chinese crypto demand’


August 15, 2019

LONDON: Trade tensions between the United States and China and a weakening Yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. Exchanges, researchers and brokers told Reuters they have seen an uptick in activity at crypto trading venues popular with Chinese. They said over-the-counter (OTC) brokers, which act as middlemen for buyers …

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