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China Says Its Bitcoin Industry Is Pretty Much Dead

March 7, 2022
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
The central bank of China has recently issued a report claiming that bitcoin trading in the country has fallen from about 90 percent to ten percent worldwide at the time of writing. China Bitcoin Trading Has Really Fallen Automatically, we feel a huge inclination to shout, “Duh!” at the bank’s representatives. If they are reporting this in surprise, they are on the wrong track. China has worked very hard over the past year to ensure that bitcoin and crypto trading has no place within its borders, and we’re likely to see that ten percent fall even further in the coming...
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