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China cryptocurrency rating

China cryptocurrency rating

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China has targeted bitcoin since is likely motivated by the crypto mining rigs, which process the years, has renewed its crackdown of the crypto market.

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Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. Bitcoin at # As shown in the chart below, the Chinese government ranked Ethereum as the world's best blockchain network at number 1. The top. As of , we estimated global crypto ownership rates at an average of %, with over million crypto users worldwide.

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A total of 16 reports and surveys were included and weighted to derive at our final numbers. Bybit is the best platform to trade all of the Chinese Crypto projects available on this list. Chainalysis' index measures transaction volumes across different types of cryptocurrency services, weighted based on a jurisdiction's gross national income level specified by the World Bank. Yet when I asked several Chinese industry insiders if they thought it was accurate to say that crypto is banned in China, the answer was overwhelmingly no. Understand the crypto market, reach untapped markets and grow your business.