China’s central bank, The People’s Bank of China (PBoC), has stated that the Chinese yuan now accounts for less than 1 percent of global Bitcoin (BTC) transactions, local news outlet Asia Times reports today, July 9.
The PBoC released a new report on Friday, July 6, indicating that the yuan’s share of global Bitcoin trades has plunged in the months following the government’s crackdown on the cryptocurrency industry, Asia Times reports.
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https://cointelegraph.com/news/chinese-yuan-now-accounts-for-less-than-1-of-bitcoin-trades-says-pboc-report
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