News Finland Cryptocurrencies: Chinese shift $6bn in bitcoin trading, research indicates
Published on: Saturday 08 January 2022
News source: https://www.dailytelegraph.com.au/business/research-shows-one-in-three-chinese-bitcoin-trades-avoid-capital-controls/news-story/9a1b26e6d32ffabe1fe57c3b9dd10c8e
Bitcoin traders in China could be using the cryptocurrency to take some $US4.6bn ($6.41bn) out of the country in a circumvention of Beijing’s strict capital controls.