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Topic: [2016-10-06] China’s Bitcoin Capital Flight Ramps up as FinTech Innovation Progr (Read 310 times)

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China’s Bitcoin Capital Flight Ramps up as FinTech Innovation Progresses

More and more mainstream attention focuses on the potential use of bitcoin for capital flight in China — while blockchain breaks new ground.
As growth in the world’s largest bitcoin-trading country slows, correlations in the USD price of the Yuan and bitcoin are leading to suggestions that investors are using the currency as a go-to money transfer method.

https://news.bitcoin.com/china-bitcoin-capital-flight-fintech/
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