As a result of this new validation decline for the Chinese Yuan, even more investors will be looking to move their funds out of the market. This is much easier said than done, though, as China employs very strict capital control right now. One potential solution is to convert CNY to Bitcoin, as that is the only form of money that is not bound by these regulations.
http://www.newsbtc.com/2016/05/30/fix-cut-set-push-yuan-low-bitcoin-bubble-continues/
Topic: [2016-05-30] Fix Cut Set to Push Yuan Low; Bitcoin Bubble Continues (Read 316 times)
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