Chinese Crackdown on Crypto May Lead to Divergence between On-Exchange and On-Chain TX Volume, thus Lowering Network Congestion, Fees: Report
As widely reported, China has expanded its ongoing cryptocurrency crackdown. This reportedly includes increasing enforcement against illegal digital currency mining, as well as preventing financial transactions involving crypto-assets. The Chinese central bank also confirmed that any trading, order matching, token issuance and derivatives on cryptocurrencies… Read More
Read more in: Asia, Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged bitcoin, bitcoin mining, BitOoda, btc, china, crypto ban, crypto crackdown, crypto market report, crypto trading, crypto-assets, digital assets, eth, ethereum, hashrate, mainland china, research, Research Report