Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report

Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report

Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report 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…

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