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Trust in Cryptocurrencies Plunges in China: Survey

September 17, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
The level of trust in crypto has fallen by 35% within just one month in China A Sept. 16 survey published by data intelligence company Morning Consult shows that the level of trust in cryptocurrencies has plunged by 16% within just one month in China. Only 26% of adults said that they had “a lot” or “some” trust in cryptocurrencies in August (compared to 45% in July). Chinese people have soured on cryptocurrency as virtually all Bitcoin mining operations were banned throughout the entire country. The crackdown, however, is still not over, with northern Hebei province announcing that it would...
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Tags: banking | bitcoin | blockchain | Brazil | China | Chinese | crackdown | crypto | cryptocurrency | currency | data | fintech | hebei | India | IT | Japan | Korea | Mexico | Russia | South Korea | Spain | survey | U.S.

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