Despite China’s unfavorable crypto policies, the country continues to record more capital flight via cryptocurrency, as citizens use crypto to safeguard their funds against the weakening yuan. China’s 2020 Capital Flight Via Crypto at $17.5 billion According to a report by local media outlet Coinholmes, China recorded a capital outflow of over $17.5 billion in
Source and More information: China’s Crypto Outflows Amounted to Over $17B in 2020
Author: BTCManager.com
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