China’s Market Dominance Poses Questions About Global Bitcoin Trading Flows

By September 27, 2014Bitcoin Business

China’s position as the most active bitcoin trading market has come to attention again as Beijing exchange OKCoin  topped  daily dollar trades for the first time earlier this week. This comes weeks after Shanghai exchange BTC China  highlighted  that yuan trades comprised more than 70% of trading volume.

As Chinese exchanges jostle for the top spot in global trading volumes, yuan trading is now three times greater than dollar trades. Analysts and exchange operators say China’s dominance in bitcoin trading is largely […]

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