Home Page : Archive News : August 2020 News : Report finds $50 billion of cryptocurrency moved out of China hinting at capital flight against Beijing rules | |
Report finds $50 billion of cryptocurrency moved out of China hinting at capital flight against Beijing rules | |
August 22, 2020 Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the world in the last year, pointing to possibilities that Chinese investors are transferring more money than they are allowed to out of the country, a new report claims. Source: https://www.cnbc.com/2020/08/21/china-users-move-50-billion-of-cryptocurrency-out-of-country-hinting-at-capital-flight.html |