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China's share in Bitcoin transactions declined 80% post crackdown: PBoC

China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

China's share in Bitcoin transactions declined 80% post crackdown: PBoC

China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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