Over the past three quarters, Chinese cryptocurrency OTC brokers have seen capital inflows exceeding $20 billion
According to Bloomberg, a study shows that China's cryptocurrency over-the-counter (OTC) brokers are attracting unprecedented capital inflows, reflecting a thirst for alternative investments amid weak performance in the struggling stock and real estate markets.
According to Chainalysis, a blockchain analysis company, the inflow of funds into Chinese cryptocurrency OTC brokers exceeded $20 billion per quarter in the three quarters ending in June, setting a continuous record since 2021. The cumulative total for these nine months reached $75.4 billion.
Although the Chinese government has banned digital asset trading for three years due to risks such as currency outflows and money laundering, these figures demonstrate the country's sustained demand for cryptocurrencies. Off exchange trading (OTC) services provide a covert method for users to exchange Chinese yuan for tokens without trading through publicly listed exchanges. Another hidden option is to allow investors to engage in peer-to-peer trading directly.
Eric Jardine, the head of cybercrime research at Chainalysis, said, "Considering China's regulatory environment, including bans on cryptocurrency trading and mining, these services have invisibly fallen into an economic gray zone." He added that this may be because the Chinese government's enforcement of cryptocurrency bans is not strict.
Chainalysis stated that approximately 55% of the total funds received by Chinese over-the-counter traders come from transfers worth over $1 million. The consulting firm added that it cannot be determined from this data whether these transfers come from wealthy individuals or businesses trading on behalf of small clients.
Jardine said, "Unless China's regulatory situation becomes more favorable for cryptocurrencies, I expect similar services to continue to grow over time
(责任编辑:时讯)
- ·30亿美元加密期权到期:市场能否保持稳定?
- ·股票卖出金额
- ·门罗币双挖矿软件-门罗币 挖矿软件
- ·宝丽迪(300905.SZ):高管陈劲松拟减持不超150万股
- ·不只是 FOMO:Solana 财库化背后的新趋势与新格局
- ·火币冻卡
- ·阿瓦隆怎么样
- ·萌奈币矿工软件-萌奈币矿机
- ·最早支持bch的钱包-最早支持bch的钱包是哪一年
- ·10月31日创金合信兴选产业趋势混合C净值增长1.28%,近3个月累计上涨24.58%
- ·Solana 射击游戏《Nyan Heroes》因资金问题关闭
- ·虚拟币钱包怎么玩-虚拟币钱包怎么玩的
- ·纽约5月份穿什么衣服-纽约5月份穿什么衣服合适
- ·什么什么气温高升
- ·Allora Network 和 gumi 宣布战略合作,将去中心化 AI 引入游戏及更多领域
- ·从两个公司拿工资个人所得税怎么交
- · oe交易所app下载
- · 易欧app官网下载
- · 数字货币交易平台app
- · 亿欧交易所下载
- · 数字货币交易app
- · 亿欧app下载
- · 0kx交易所官网
- · 十大虚拟货币交易平台app
- · 欧亿app官网正式版下载